Plan Ledger DOL Form 5500 · updated monthly

A.D. Transport Express, Inc.401(k)

A.D. TRANSPORT 401(K) PROFIT SHARING PLAN · CANTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.81%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

A.D. Transport Express, Inc. reported $67,217 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $128 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.57% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,617th of 2,619), and the 1,232nd of 2,677 in transportation & warehousing. In 2024, employees put in $10.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,892,207
Participants with balances116
Active participants414
Employer contributions$52,919
Employee contributions$542,844
Employer contribution per active participant$128
Average account balance$76,657
Benefits paid to participants$503,981
Plan auditUnmodified (clean) audit opinion
AuditorMRPR
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 116 accts · $53K emplr
2023$7.8M · 116 accts · $53K emplr
2022$6.3M · 111 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,352
Investment management$31,365
Audit (IQPA)$8,500
Total administrative$67,217
The A.D. Transport Express, Inc. 401(k) match · 2024
Employer contribution per active participant$128
Median for plans this size$1,313
2024$128 per active participant
2023$126 per active participant
2022$110 per active participant

A.D. Transport Express, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$27,430
MRPR GROUP PC · Accounting / audit$8,500
FIFTH THIRD BANK · Investment advisory (plan)$3,935

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$67,217 · 0.81%
2023$39,151 · 0.56%
2022$38,626 · 0.57%
Same employer
Similar plansTransportation & Warehousing · Michigan
Wheeler Trucking, Inc. MI$9.0M · 0.58%
Altl, Inc. MI$8.9M · 0.19%
Calgary Services, LLC MI$8.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382655274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.