Retirement plan

HEITER TRUCK LINE, INC. 401(K) PLAN AND TRUST

Name: HEITER TRUCK LINE, INC. - HEITER TRUCK LINE, INC. 401(K) PLAN AND TRUST (2017) Form 5500
Creator: HEITER TRUCK LINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEITER TRUCK LINE, INC. 401(K) PLAN AND TRUST, HEITER TRUCK LINE, INC.

HEITER TRUCK LINE, INC.EIN 42-1422369Plan #001PY 2017

1835 340TH STREET - SPENCER, IA 51301712-262-5723heitertruckline.comLinkedIn11-50 employeestransportation/trucking/railroad

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$852K

+12.7% from 2016

Total participants

+6.5% from 2016

Average account balance

$26,612

+9.2% from 2016

Annual return

4.33%

+3.84 pp from 2016

Benchmarks

See 3,497 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,497 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.66%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$602 / participant

Other / not subdivided$15K100.0%

% of EOY assets

1.767%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,612

$52,580-49.4%

$71,671-62.9%

$70,124-62.1%

Participation rate

96.0%

60.9%+35.1pp

68.7%+27.3pp

69.5%+26.5pp

Annual return

4.33%

20.25%-15.9pp

20.65%-16.3pp

73.14%-68.8pp

Employer contribution / active EE

$1,889

$1,616+16.9%

$2,460-23.2%

$2,342-19.4%

Participant deferral / active EE

$1,211

$2,386-49.3%

$3,438-64.8%

$3,332-63.7%

Admin fee / account holder

$470

$3,653-87.1%

$5,558-91.5%

$4,645-89.9%

HEITER TRUCK LINE, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEITER TRUCK LINE, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion