Plan Ledger DOL Form 5500 · updated monthly

Access USA Shipping, LLC401(k)

ACCESS USA SHIPPING EMPLOYEES SAVINGS PLAN · SARASOTA, FL · plan year 2022

Reported admin expense ratio · 2022
1.10%

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

Access USA Shipping, LLC reported $51,106 in plan administrative expenses for 2022: 1.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $667 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,559th of 3,644), and 1,699th of 2,677 in transportation & warehousing. In 2022, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,641,767
Participants with balances240
Active participants254
Employer contributions$169,393
Employee contributions$602,777
Employer contribution per active participant$667
Average account balance$19,341
Benefits paid to participants$417,445
Plan auditUnmodified (clean) audit opinion
AuditorKERKERING BARBERIO, PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$51,106
Total administrative$51,106
The Access USA Shipping, LLC 401(k) match · 2022
Employer contribution per active participant$667
Median for plans this size$1,114

Access USA Shipping, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$51,106 · 1.10%
Same employer
Similar plansTransportation & Warehousing · Florida
Reva Inc. FL$5.3M · 0.57%
Fsm Group LLC FL$4.9M · 1.22%
Dann Ocean Towing Inc. FL$4.6M · 0.98%
King Ocean Agency Inc FL$4.2M · 0.96%
Cruise Yacht Opco LTD. FL$4.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650701659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.