Plan Ledger DOL Form 5500 · updated monthly

Atlantic Tractor, LLC401(k)

THE ATLANTIC TRACTOR, LLC 401(K) PLAN & TRUST · CHESTERTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Atlantic Tractor, LLC reported $105,699 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,625 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 0.31% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 481st-largest of 1,671 plans among Maryland employers on file, and the 473rd of 2,096 in real estate & leasing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 417 to 372 since 2022.

Plan summary
Net assets, end of year$28,854,840
Participants with balances491
Active participants372
Employer contributions$604,470
Employee contributions$1,574,220
Employer contribution per active participant$1,625
Average account balance$58,767
Benefits paid to participants$4,849,517
Plan auditUnmodified (clean) audit opinion
AuditorPKS & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 491 accts · $604K emplr
2023$28.0M · 530 accts · $575K emplr
2022$26.2M · 491 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,699
Total administrative$105,699
The Atlantic Tractor, LLC 401(k) match · 2024
Employer contribution per active participant$1,625
Median for plans this size$2,416
2024$1,625 per active participant
2023$1,353 per active participant
2022$1,280 per active participant

Atlantic Tractor, LLC's 2024 employer contribution ran below the $2,416 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 · 20244
AMERITAS INVESTMENT CORP · Investment advisory (plan)$47,435
TAX FAVORED BENEFITS, INC. · Contract administrator$10,700
ASCENSUS LLCindirect 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$105,699 · 0.37%
2023$89,197 · 0.33%
2022$90,022 · 0.31%
Same employer
Similar plansReal Estate & Leasing · Maryland
Bright Mls, Inc. MD$39.6M · 0.32%
Lerner Corporation MD$37.8M · 0.38%
Elme Communities MD$28.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201610420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.