Plan Ledger DOL Form 5500 · updated monthly

Ards401(k)

ARD TRUCKING CO., INC. 401(K) PLAN · TIMMONSVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Ards reported $14,656 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $598 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 1.72% to 1.08%. 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 South Carolina (716th of 807), and 2,188th of 2,677 in transportation & warehousing. In 2024, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,611,775
Participants with balances180
Active participants200
Employer contributions$119,546
Employee contributions$379,988
Employer contribution per active participant$598
Average account balance$8,954
Benefits paid to participants$216,710
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 180 accts · $120K emplr
2023$1.1M · 167 accts · $109K emplr
2022$563K · 160 accts · $116K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,830
Investment management$9,826
Total administrative$14,656
The Ards 401(k) match · 2024
Employer contribution per active participant$598
Median for plans this size$1,313
2024$598 per active participant
2023$582 per active participant
2022$637 per active participant

Ards'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 · 20241
WEBSTERROGERS FINANCIAL ADVISORS · Investment advisory (plan)$9,826

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$14,656 · 1.08%
2023$15,184 · 1.82%
2022$7,190 · 1.72%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Ats Logistics, Inc. SC$3.0M · 0.70%
Harbor Logistics LLC SC$2.7M · 0.18%
Lmr Trucking Inc SC$1.2M · 0.73%
Translytix LLC SC$224K · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570604441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.