Plan Ledger DOL Form 5500 · updated monthly

Advanced Distribution Systems, I401(k)

ADVANCED DISTRIBUTION SYSTEMS, INC. INCENTIVE SAVINGS TRUST · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Advanced Distribution Systems, I reported $24,290 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,105 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. 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 Connecticut (845th of 1,106), and 1,414th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 189 to 257 since 2022.

Plan summary
Net assets, end of year$6,880,887
Participants with balances224
Active participants257
Employer contributions$284,045
Employee contributions$251,930
Employer contribution per active participant$1,105
Average account balance$30,718
Benefits paid to participants$650,063
Plan auditUnmodified (clean) audit opinion
AuditorWALSH & DICKINSON
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 224 accts · $284K emplr
2023$6.3M · 227 accts · $258K emplr
2022$5.7M · 224 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,290
Total administrative$24,290
The Advanced Distribution Systems, I 401(k) match · 2024
Employer contribution per active participant$1,105
Median for plans this size$1,313
2024$1,105 per active participant
2023$1,102 per active participant
2022$1,286 per active participant

Advanced Distribution Systems, I's 2024 employer contribution ran below the $1,313 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
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$16,791
ADP, INC. · Loan processing · Recordkeeping$6,920
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$24,290 · 0.37%
2023$21,472 · 0.36%
2022$24,021 · 0.38%
Same employer
Similar plansTransportation & Warehousing · Connecticut
Dattco, Inc. CT$27.6M · 0.59%
William B. Meyer, Inc. CT$21.0M · 0.01%
Tradewind Aviation LLC CT$8.7M · 0.14%
Pace Motor Lines, Inc. CT$3.2M · 1.19%
M & J Bus, Inc. CT$2.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061009044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.