Plan Ledger DOL Form 5500 · updated monthly

Bancroft & Sons Transportation, LLC401(k)

BANCROFT & SONS TRANSPORTATION, LLC 401(K) PLAN AND TRUST · GRAND PRAIRIE, TX · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

Bancroft & Sons Transportation, LLC reported $33,381 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $410 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 has held roughly steady near 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,105th of 5,688), and 1,669th of 2,677 in transportation & warehousing. In 2023, employees put in $4.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,843,916
Participants with balances98
Active participants221
Employer contributions$90,580
Employee contributions$451,333
Employer contribution per active participant$410
Average account balance$49,428
Benefits paid to participants$608,809
Plan auditUnmodified (clean) audit opinion
AuditorBELL & COMPANY, PA
Plan history2
Yearassets · accounts · employer contribution
2023$4.8M · 98 accts · $91K emplr
2022$4.2M · 107 accts · $99K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,005
Investment management$25,376
Total administrative$33,381
The Bancroft & Sons Transportation, LLC 401(k) match · 2023
Employer contribution per active participant$410
Median for plans this size$1,308
2023$410 per active participant
2022$423 per active participant

Bancroft & Sons Transportation, LLC'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
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$22,556

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

Administrative cost history2
2023$33,381 · 0.73%
2022$31,803 · 0.70%
Similar plansTransportation & Warehousing · Texas
Brokers Logistics LTD. TX$4.6M · 0.31%
Rio Marine, Inc. TX$4.5M · 1.07%
Custom Commodities, Inc. TX$4.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751639263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.