Ward International Trucks, Inc.401(k)
WARD INTERNATIONAL TRUCKS, INC.401(K) PROFIT SHARING PLAN · MOBILE, AL · plan year 2022
Ward International Trucks, Inc.'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 $3,940,741 across 85 participant accounts, with employer contributions averaging $705 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 retail trade employers. By assets it is among the smaller plans on file in Alabama (681st of 902), and 4,073rd of 5,215 in retail trade. In 2022, employees put in $2.54 for every $1.00 the employer contributed.
Ward International Trucks, Inc.'s 2022 employer contribution ran below the $1,114 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 630896891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.