Plan Ledger DOL Form 5500 · updated monthly

Armstrong Transport Group, LLC401(k)

ARMSTRONG TRANSPORT GROUP RETIREMENT PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Armstrong Transport Group, LLC reported $41,962 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,521 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 0.51% to 0.75%. 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 North Carolina (1,313th of 2,005), and 1,422nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,802,769
Participants with balances336
Active participants291
Employer contributions$733,669
Employee contributions$1,396,836
Employer contribution per active participant$2,521
Average account balance$20,246
Benefits paid to participants$631,869
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 336 accts · $734K emplr
2023$4.4M · 316 accts · $567K emplr
2022$2.8M · 285 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,962
Total administrative$41,962
The Armstrong Transport Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,521
Median for plans this size$1,313
2024$2,521 per active participant
2023$2,288 per active participant
2022$1,881 per active participant

Armstrong Transport Group, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$23,807
BLACKBRIDGE FINANCIAL · Investment advisory (plan)$18,493

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$41,962 · 0.75%
2023$30,799 · 0.85%
2022$11,589 · 0.51%
Same employer
Similar plansTransportation & Warehousing · North Carolina
E.J. Pope & Son, Inc. NC$8.7M · 0.04%
System Logistics Corp NC$7.7M · 0.56%
Sharp Transit, LLC NC$7.3M · 0.62%
Dillard-Lewis, Inc. NC$5.3M · 0.05%
Blue Max Trucking, Inc. NC$5.2M · 0.62%
Bonded Logistics, Inc. NC$5.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204410266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.