Plan Ledger DOL Form 5500 · updated monthly

Ascent Global Logistics, Inc.401(k)

ASCENT GLOBAL LOGISTICS, INC. 401(K) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Ascent Global Logistics, Inc. reported $103,993 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,108 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 0.148%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 306th-largest of 1,936 plans among Wisconsin employers on file, and the 298th of 2,677 in transportation & warehousing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has shrunk from 1,172 to 1,010 since 2022.

Plan summary
Net assets, end of year$73,266,784
Participants with balances729
Active participants1,010
Employer contributions$2,129,405
Employee contributions$5,136,842
Employer contribution per active participant$2,108
Average account balance$100,503
Benefits paid to participants$11,683,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.3M · 729 accts · $2.1M emplr
2023$66.9M · 808 accts · $2.5M emplr
2022$52.4M · 804 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,993
Total administrative$103,993
The Ascent Global Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,108
Median for plans this size$3,635
2024$2,108 per active participant
2023$2,135 per active participant
2022$2,182 per active participant

Ascent Global Logistics, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$108,417

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$103,993 · 0.15%
2023$101,165 · 0.17%
2022$82,862 · 0.15%
Similar plansTransportation & Warehousing · Wisconsin
Marten Transport, LTD. WI$137.5M · 0.31%
Air Wisconsin Airlines LLC WI$117.0M · 0.10%
N & M Transfer Co., Inc. WI$110.9M · 0.08%
Kspg Holding USA, Inc. WI$88.1M · 0.23%
Warehouse Specialists, LLC WI$66.4M · 0.33%
Wb Holdings, Inc. WI$34.7M · 0.11%
Midwest Holding Group, Inc. WI$27.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851503533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.