Plan Ledger DOL Form 5500 · updated monthly

Hub Truck Rental CorporationESOP

HUB TRUCK RENTAL CORP. EMPLOYEE STOCK OWNERSHIP PLAN · FARMINGDALE, NY · plan year 2022

Employer contribution per participant · 2022
$17,665

Hub Truck Rental Corporation's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,431,014 across 143 participant accounts, with employer contributions averaging $17,665 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in New York (5,038th of 5,648), and 1,800th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$2,431,014
Participants with balances143
Active participants92
Employer contributions$1,625,195
Employee contributions—
Employer contribution per active participant$17,665
Average account balance$17,000
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$-1.5M · 145 accts · $2.1M emplr
2023$-1.1M · 154 accts · $1.8M emplr
2022$2.4M · 143 accts · $1.6M emplr
Employer contributions to the Hub Truck Rental Corporation plan · 2022
Employer contribution per active participant$17,665
Median for plans this size$1,114
2024$18,974 per active participant
2023$18,085 per active participant
2022$17,665 per active participant

Hub Truck Rental Corporation's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023$1,120 · 0.16%
2022Not separately reported
Similar plansReal Estate & Leasing · New York
Sinatra Management LLC NY$2.6M · 1.35%
Neuehouse Management, LLC NY$2.5M · 1.64%
Shinda Management Corp NY$2.5M · 0.62%
Elh Mgmt LLC NY$2.4M · 0.29%
Aj Costello Group LLC NY$1.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112868724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.