Hinton Transportation Investments, Inc. 401(k) Review & Grade
Project Employee 401k Retirement Plan
Byron Center, MIWholesale Trade824 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,407Employer $ per active participant
$3,403Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$36.0MNet plan assets, end of year
$82,251Average balance per account
Score breakdown
- Employer generosity18.7 / 5037th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 69th |
| Employee saving | 29th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Hinton Transportation Investments put in about $1,407 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,159,345 |
| Participant (employee) contributions | $2,804,440 |
| Other contributions (incl. rollovers in) | $188,810 |
| Administrative expenses paid from the plan | $40,959 |
| Investment advisory & management fees | $19,678 |
| Benefits paid out | $4,139,711 |
| Net assets, start / end of year | $31.5M / $36.0M |
| Active participants, start / end of year | 835 / 813 |
| Participants with account balances | 438 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $19,678 reported compensation |
| Crowe LLP | $14,469 reported compensation |
| Fidelity Investments Institutional | $6,812 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250722101124NAL0002179073001, received 2025-07-22, EIN 38-2532791, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.