Plan Ledger DOL Form 5500 · updated monthly

Abx Air, Inc.401(k)

CAPITAL ACCUMULATION PLAN · WILMINGTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Abx Air, Inc. reported $344,420 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,612 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 fell from 0.15% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 164th-largest of 3,295 plans among Ohio employers on file, and the 123rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 2,353 to 2,045 since 2022.

Plan summary
Net assets, end of year$279,853,188
Participants with balances2,664
Active participants2,045
Employer contributions$5,341,898
Employee contributions$12,326,874
Employer contribution per active participant$2,612
Average account balance$105,050
Benefits paid to participants$38,233,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$279.9M · 2,664 accts · $5.3M emplr
2023$254.9M · 3,439 accts · $6.5M emplr
2022$210.7M · 3,668 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$289,601
Total administrative$344,420
The Abx Air, Inc. 401(k) match · 2024
Employer contribution per active participant$2,612
Median for plans this size$4,294
2024$2,612 per active participant
2023$2,655 per active participant
2022$2,973 per active participant

Abx Air, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$289,600
MERCER · Consulting$40,711
MOSS ADAMS LLP · Consulting$14,108

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$344,420 · 0.13%
2023$263,346 · 0.11%
2022$367,168 · 0.15%
All plans at this employer3
ABX AIR, INC. PROFIT SHARING PLANProfit-sharing plan
CAPITAL ACCUMULATION PLAN401(k)
ABX AIR, INC. PILOTS INVESTMENT PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Ohio
R&L Carriers, Inc. OH$472.4M · 0.12%
Firstgroup America, Inc. OH$328.2M · 0.30%
Dayton Freight Lines, Inc. OH$303.8M · 0.13%
Total Quality Logistics, LLC OH$280.1M · 0.17%
Kenan Advantage Group, Inc. OH$277.9M · 0.18%
Psa Airlines, Inc. OH$242.1M · 0.05%
Fst Logistics, Inc. OH$113.3M · 0.00%
Triple T Transport, Inc. OH$108.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911091619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.