Plan Ledger DOL Form 5500 · updated monthly

Reynolds Family Holding Company Highway Eqp401(k)

HIGHWAY EQUIPMENT COMPANY 401(K) PLAN · ZELIENOPLE, PA · plan year 2023

Reported admin expense ratio · 2023
0.75%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Reynolds Family Holding Company Highway Eqp reported $61,809 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,179 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.81% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,445th of 3,651), and 3,110th of 4,246 in wholesale trade. In 2023, employees put in $2.63 for every $1.00 the employer contributed; active participation has grown from 117 to 133 since 2022.

Plan summary
Net assets, end of year$8,636,892
Participants with balances178
Active participants133
Employer contributions$289,778
Employee contributions$761,149
Employer contribution per active participant$2,179
Average account balance$48,522
Benefits paid to participants$1,371,723
Plan auditUnmodified (clean) audit opinion
AuditorLALLY & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 114 accts · $222K emplr
2023$8.6M · 178 accts · $290K emplr
2022$7.9M · 146 accts · $247K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,760
Investment management$23,049
Total administrative$61,809
The Reynolds Family Holding Company Highway Eqp 401(k) match · 2023
Employer contribution per active participant$2,179
Median for plans this size$1,308
2023$2,179 per active participant
2022$2,115 per active participant

Reynolds Family Holding Company Highway Eqp's 2023 employer contribution ran above the $1,308 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MCKINLEY CARTER WEALTH SERVICES INC · Investment advisory (plan)$23,049
EMPOWER ADVISOR GROUP LLC · Investment management$4,335

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$76,561 · 1.03%
2023$61,809 · 0.75%
2022$67,468 · 0.81%
Similar plansWholesale Trade · Pennsylvania
Capp, Inc PA$8.8M · 0.37%
Illuminations Inc PA$8.5M · 1.29%
R.J. Walker Co., Inc PA$8.3M · 0.08%
Arley Wholesale, Inc. PA$8.2M · 0.72%
Baudax Bio, Inc. PA$8.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250983181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.