401(k)
2022 plan-year 401(k) DOL Form 5500

Herrera School Buses and Coaches, Inc. Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Herrera School Buses and Coaches, Inc. · New Mexico · Transportation & Warehousing

What the 2023 filing shows

Herrera School Buses and Coaches, Inc. Retirement Plan holds $3M for 165 participants — about $19,316 per participant, down 24.5% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
165
covered participants
$19,316
avg assets per participant
-24.5%
assets change YoY

The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
165
State
Industry
Transportation & Warehousing

What the Filing Says About Herrera School Buses and Coaches, Inc. Retirement Plan

Herrera School Buses and Coaches, Inc. Retirement Plan is a 401(k) retirement plan sponsored by Herrera School Buses and Coaches, Inc., headquartered in New Mexico. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 165 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 850285702, and the plan has been effective since 1993-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $3M at year-end — a decline of 24.5%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-1,037,017 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-1,037,017
Plan Type401(k)
Employer EIN850285702
Plan Effective Date1993-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herrera School Buses and Coaches, Inc.)

Year Plans Participants Total Assets
2022 1 165 $3M
2023 1 166 $4M
2024 1 152 $4M

Nearby 401(k) Plans in New Mexico

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Herrera School Buses and Coaches, Inc. Retirement Plan?
As of the 2022 Form 5500 filing, Herrera School Buses and Coaches, Inc. Retirement Plan holds $3M in total assets with 165 participants. It is sponsored by Herrera School Buses and Coaches, Inc..
What type of plan is Herrera School Buses and Coaches, Inc. Retirement Plan?
Herrera School Buses and Coaches, Inc. Retirement Plan is a 401(k) plan. It has been effective since 1993-11-01. The plan is filed with the U.S. Department of Labor under EIN 850285702.
Who sponsors the Herrera School Buses and Coaches, Inc. Retirement Plan?
Herrera School Buses and Coaches, Inc. Retirement Plan is sponsored by Herrera School Buses and Coaches, Inc., located in New Mexico. The sponsor's EIN is 850285702 and the plan operates in the Transportation & Warehousing industry.
How did Herrera School Buses and Coaches, Inc. Retirement Plan perform in 2022?
Herrera School Buses and Coaches, Inc. Retirement Plan declined by 24.5% during 2022, moving from $4M to $3M in total assets. Net income was $-1,037,017.
Where can I find official filings for Herrera School Buses and Coaches, Inc. Retirement Plan?
Official Form 5500 filings for Herrera School Buses and Coaches, Inc. Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 850285702 or plan name at efast.dol.gov.
How does Herrera School Buses and Coaches, Inc. Retirement Plan compare to other plans?
You can compare Herrera School Buses and Coaches, Inc. Retirement Plan against other 401(k) plans on the plan type page, or view plans in New Mexico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 850285702.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.