Retirement plan

HUFFMAN TRAILER SALES, INC. 401(K) PLAN

Name: HUFFMAN TRAILER SALES, INC. - HUFFMAN TRAILER SALES, INC. 401(K) PLAN (2024) Form 5500
Creator: HUFFMAN TRAILER SALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HUFFMAN TRAILER SALES, INC. 401(K) PLAN, HUFFMAN TRAILER SALES, INC.

HUFFMAN TRAILER SALES, INC.EIN 54-1950577Plan #001PY 2024

4124 NORTH VALLEY PIKE - ROCKINGHAM, VA 22802540-434-3530LinkedIn1-10 employeesretail

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$7K

No prior year

Total participants

No prior year

Average account balance

$1,238

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 22,293 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,293 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$17

$2 / participant

Other / not subdivided$17100.0%

% of EOY assets

0.229%

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

$1,238

$111,830-98.9%

$93,696-98.7%

$145,884-99.2%

Participation rate

85.7%

74.2%+11.5pp

68.7%+17.0pp

80.3%+5.4pp

Annual return

0.00%

204.08%-204.1pp

133.74%-133.7pp

551.85%-551.8pp

Employer contribution / active EE

$3,093-100.0%

$2,422-100.0%

$4,662-100.0%

Participant deferral / active EE

$1,086

$4,920-77.9%

$4,417-75.4%

$6,690-83.8%

Admin fee / account holder

$10,249-100.0%

$8,287-100.0%

$13,392-100.0%

HUFFMAN TRAILER SALES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HUFFMAN TRAILER SALES, INC. 401(K) PLAN

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