401(k) · DOL Form 5500 · 2022

Highway Equipment Company 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
158
Participants Small participant base
79th
Percentile by assets National rank
$138,374
Avg per participant Near avg balance/head
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Official DOL plan name: Highway Equipment Company Retirement Plan · Sponsored by Highway Equipment Company · Iowa · Manufacturing

$22M in assets, 158 participants

Highway Equipment Company's Highway Equipment Company Retirement Plan reported $22M in total assets and 158 participants in its 2022 DOL Form 5500 filing, ranking in the 79th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,407 in Manufacturing (20,602 peers)

Coverage in Iowa

Highway Equipment Company Retirement Plan covers 158 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $22M.

#14,407
in Manufacturing (20,602 peers)
-18.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Highway Equipment Company Retirement Plan's outsized position by total assets

Highway Equipment Company Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$21,863,035 Top 21% higher than 79% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Highway Equipment Company Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Highway Equipment Company Retirement Plan sits mid-pack in the medium band (158 participants).

Published 5500 schedule card

Filing strip 421102581 · Highway Equipment Company PY 2022 · 401(k)

Highway Equipment Company Retirement Plan · $22M · 158 · 79th

  • BOY $22M
  • SCH 158
  • EBSA 79th
  • PART 401(k)
  • TYPE near Procare Software LLC 401(k) Plan
  • NET ind #14407

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Iowa →

Highway Equipment Company Retirement Plan in the asset neighbourhood

Dworken and Bernstein Co., Lpa 401(k) Profit Sharing PlanDworken and Bernstein Co., L…$22MSchool Health Corp. 401(k) PlanSchool Health Corp. 401(k) P…$22MHighway Equipment Company Retirement PlanHighway Equipment Company Re…$22MProcare Software LLC 401(k) PlanProcare Software LLC 401(k) …$22MElemica, Inc. 401(k) Plan$22M
End-of-year total assets ($M) among Highway Equipment Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Iowa filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$22M
Net Income-$5M
Employer EIN421102581
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Highway Equipment Company)

Sponsor-wide plan assets over time

All Highway Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$30M 35.064171099758106% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.9M $29.5M ▲ +35.1%
Year Plans Participants Total Assets
2022 1 158 $22M
2023 1 170 $27M
2024 1 176 $30M

Nearby 401(k) Plans in Iowa

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

Highway Equipment Company Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Highway Equipment Company Retirement Plan, Total assets ($B): 0.021863035 · Participants: 158Highway Equipment Company Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 3.613396259 · Participants: 12201The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.684422851 · Participants: 28603Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.447514997 · Participants: 59826The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.275604074 · Participants: 13793The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.116061137 · Participants: 7262Transamerica 401(k) Retirement Savings Plan
Highway Equipment Company Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Highway Equipment Company Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Procare Software LLC 401(k) Plan in OR ($22M); by covered participants it is The Bill Gatton Family of Dealerships Profit in TN (158 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (158 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Highway Equipment Company Retirement Plan assets move in 2022?
Highway Equipment Company Retirement Plan declined sharply - down 18.3% during 2022, from $27M to $22M. Reported net income was -$5M.
How have Highway Equipment Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Highway Equipment Company's sponsor-wide assets grew 35.1%, from $22M to $30M.
Where does Highway Equipment Company Retirement Plan rank by assets among Form 5500 filers?
Highway Equipment Company Retirement Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Highway Equipment Company Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Procare Software LLC 401(k) Plan in OR ($22M, 350 participants).
Which 401(k) plans cover a similar participant headcount to Highway Equipment Company Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bill Gatton Family of Dealerships Profit in TN (158 participants, N/A in assets).