401(k) · DOL Form 5500 · 2023

Highway Equipment Company 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
170
Participants Small participant base
78th
Percentile by assets National rank
$157,526
Avg per participant Above avg balance/head
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Official DOL plan name: Highway Equipment Company Retirement Plan · Sponsored by Highway Equipment Company · Iowa · Manufacturing

$27M in assets, 170 participants

Highway Equipment Company's Highway Equipment Company Retirement Plan reported $27M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,872 in Manufacturing (18,722 peers)

Coverage in Iowa

Highway Equipment Company Retirement Plan covers 170 participants in Iowa, about 28% of the average Iowa filer (state average ~609 per filing). Assets: $27M.

#12,872
in Manufacturing (18,722 peers)
+22.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$26,779,364 Top 22% higher than 78% of 127,068 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 2023

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

Plan-year 2023 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 (170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Highway Equipment Company Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Highway Equipment Company Retirement Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Highway Equipment Company Retirement Plan reported participants rose from 158 in the plan year 2022 filing to 170 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 421102581 · Highway Equipment Company PY 2023 · 401(k)

Highway Equipment Company Retirement Plan · $27M · 170 · 78th

  • IND $27M
  • EOY 170
  • 5500 78th
  • ASSETS 401(k)
  • PCT near Schnabel Foundation Company Profit Sharing Plan
  • EIN ind #12872

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

Highway Equipment Company Retirement PlanHighway Equipment Company Re…$27MSchnabel Foundation Company Profit Sharing PlanSchnabel Foundation Company …$27MJon-Don, LLC Employees' 401(k) PlanJon-Don, LLC Employees' 401(…$27MNio USA, Inc. 401(k) Plan$27MDavid&goliath Employees 401(k)/Profit Sharing PlanDavid&goliath Employees 401(…$27M
End-of-year total assets ($M) among Highway Equipment Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
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. -200000200004000060000 -1012345 Total assets ($B) Participants Highway Equipment Company Retirement Plan, Total assets ($B): 0.026779364 · Participants: 170Highway Equipment Company Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Highway Equipment Company Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Highway Equipment Company Retirement Plan side-by-side with 3 peers →

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 Schnabel Foundation Company Profit Sharing Plan in VA ($27M); by covered participants it is Keystone-Pacific 401(k) Plan in OR (170 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (170 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Highway Equipment Company Retirement Plan grew sharply - up 22.5% during 2023, from $22M to $27M. 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 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Schnabel Foundation Company Profit Sharing Plan in VA ($27M, 92 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 Keystone-Pacific 401(k) Plan in OR (170 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421102581.

Read our methodology - how this data is sourced, computed, and verified.

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