Plan Ledger DOL Form 5500 · updated monthly

Aries Freight Systems LP401(k)

ARIES FREIGHT SYSTEMS LP 401K PROFIT SHARING AND TRUST · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Aries Freight Systems LP reported $22,118 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $493 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 0.61% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,536th of 5,688), and 4,295th of 5,215 in retail trade. In 2023, employees put in $5.69 for every $1.00 the employer contributed; active participation has grown from 100 to 114 since 2022.

Plan summary
Net assets, end of year$3,182,409
Participants with balances155
Active participants114
Employer contributions$56,233
Employee contributions$319,852
Employer contribution per active participant$493
Average account balance$20,532
Benefits paid to participants$641,717
Plan auditUnmodified (clean) audit opinion
AuditorCALVIN MARTIN & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 132 accts · $59K emplr
2023$3.2M · 155 accts · $56K emplr
2022$3.0M · 141 accts · $50K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,435
Investment management$8,683
Total administrative$22,118
The Aries Freight Systems LP 401(k) match · 2023
Employer contribution per active participant$493
Median for plans this size$1,308
2024$592 per active participant
2023$493 per active participant
2022$502 per active participant

Aries Freight Systems LP's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$13,435
SAGEPOINT FINANCIAL INC · Investment advisory (plan)$6,561

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$28,870 · 0.91%
2023$22,118 · 0.72%
2022$22,968 · 0.61%
Similar plansRetail Trade · Texas
The Allee Corporation TX$3.3M · 0.02%
US Expediters, LLC TX$3.3M · 0.21%
Cal's Convenience, Inc. TX$3.3M · 0.76%
Stephen Joseph, Inc. TX$3.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760622323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.