Plan Ledger DOL Form 5500 · updated monthly

Team Hardinger Transportation401(k)

TEAM HARDINGER TRANSPORTATION 401K RETIREMENT PLAN · ERIE, PA · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Team Hardinger Transportation reported $46,008 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $919 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 1 year on file its reported administrative ratio rose from 0.95% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Pennsylvania (2,877th of 3,651), and 1,629th of 2,677 in transportation & warehousing. In 2023, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,040,358
Participants with balances123
Active participants146
Employer contributions$134,125
Employee contributions$417,198
Employer contribution per active participant$919
Average account balance$40,979
Benefits paid to participants$280,726
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & COMPA
Plan history2
Yearassets · accounts · employer contribution
2023$5.0M · 123 accts · $134K emplr
2022$4.1M · 109 accts · $122K emplr
The Team Hardinger Transportation 401(k) match · 2023
Employer contribution per active participant$919
Median for plans this size$1,308
2023$919 per active participant
2022$840 per active participant

Team Hardinger Transportation's 2023 employer contribution ran below 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.

Administrative cost history2
2023$46,008 · 1.00%
2022$42,558 · 0.95%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Flagger Force, LLC PA$5.5M · 2.56%
Penn Tank Lines, Inc PA$5.5M · 0.15%
Brt, Inc. PA$5.5M · 0.95%
H.E. Rohrer, Inc. PA$5.3M · 0.80%
All Ways Safe, LLC PA$4.9M · 0.50%
K & R Sales, Inc. PA$4.5M · 1.25%
Air Ground Xpress, Inc. PA$4.4M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251216199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.