Plan Ledger DOL Form 5500 · updated monthly

Severino Trucking Co., Inc.401(k)

SEVERINO TRUCKING CO. INC. 401(K) PLAN & TRUST · CANDIA, NH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Severino Trucking Co., Inc. reported $52,166 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,104 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New Hampshire (225th of 411), and 2,709th of 5,337 in construction. In 2024, employees put in $4.09 for every $1.00 the employer contributed; active participation has grown from 158 to 179 since 2022.

Plan summary
Net assets, end of year$12,813,131
Participants with balances143
Active participants179
Employer contributions$197,559
Employee contributions$808,708
Employer contribution per active participant$1,104
Average account balance$89,602
Benefits paid to participants$661,933
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 143 accts · $198K emplr
2023$11.0M · 129 accts · $177K emplr
2022$8.8M · 116 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,016
Investment management$28,150
Total administrative$52,166
The Severino Trucking Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,104
Median for plans this size$2,416
2024$1,104 per active participant
2023$1,032 per active participant
2022$921 per active participant

Severino Trucking Co., Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN INVESTMENT PLANNING LLC · Investment advisory (plan)$28,150
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,016

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$52,166 · 0.44%
2023$42,554 · 0.43%
2022$39,931 · 0.43%
Same employer
Similar plansConstruction · New Hampshire
Lewis Builders, LLC NH$15.2M · 0.60%
Denron Plumbing & Hvac, LLC NH$14.8M · 0.38%
Longchamps Electric, LLC NH$13.9M · 0.41%
Palmer and Sicard, Inc. NH$12.1M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020367181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.