Plan Ledger DOL Form 5500 · updated monthly

Aries Global Logistics, Inc.401(k)

ARIES GLOBAL LOGISTICS, INC. 401(K) PLAN · FRANKLIN SQUARE, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Aries Global Logistics, Inc. reported $1,911 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $504 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (3,029th of 5,648), and the 927th of 2,677 in transportation & warehousing. In 2024, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,411,515
Participants with balances155
Active participants177
Employer contributions$89,267
Employee contributions$892,660
Employer contribution per active participant$504
Average account balance$92,978
Benefits paid to participants$261,813
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 155 accts · $89K emplr
2023$12.0M · 134 accts · $85K emplr
2022$10.2M · 130 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,911
Total administrative$1,911
The Aries Global Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$504
Median for plans this size$2,416
2024$504 per active participant
2023$523 per active participant
2022$412 per active participant

Aries Global Logistics, Inc.'s 2024 employer contribution ran below the $2,416 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
THE PARAGON ALLIANCE GROUP, LLC · Contract administratorindirect comp

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$1,911 · 0.01%
2023$1,959 · 0.02%
2022$1,809 · 0.02%
Similar plansTransportation & Warehousing · New York
Teals Express Inc NY$14.8M · 0.10%
Albatrans, Inc. NY$12.5M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232800243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.