Plan Ledger DOL Form 5500 · updated monthly

Barney Trucking, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-BARNEY TRUCKING · SALINA, UT · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Barney Trucking, Inc. reported $105,473 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,323 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 0.78% to 0.63%. 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 the 322nd-largest of 848 plans among Utah employers on file, and the 790th of 2,677 in transportation & warehousing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 569 to 642 since 2022.

Plan summary
Net assets, end of year$18,324,140
Participants with balances599
Active participants642
Employer contributions$849,549
Employee contributions$1,506,042
Employer contribution per active participant$1,323
Average account balance$30,591
Benefits paid to participants$1,359,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 599 accts · $850K emplr
2023$15.2M · 579 accts · $750K emplr
2022$12.9M · 621 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,397
Investment management$30,952
Trustee / custodial$3,124
Total administrative$105,473
The Barney Trucking, Inc. 401(k) match · 2024
Employer contribution per active participant$1,323
Median for plans this size$2,416
2024$1,323 per active participant
2023$1,106 per active participant
2022$1,200 per active participant

Barney Trucking, Inc.'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 LIFE INSURANCE CORP · Claims processing · Contract administrator$43,009
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$28,389
AMUSSEN HUNSAKER & ASSOCIATES LLC · Investment advisory (participants) · Investment advisory (plan)$25,979
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$3,124

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$105,473 · 0.63%
2023$110,870 · 0.79%
2022$107,120 · 0.78%
Same employer
Similar plansTransportation & Warehousing · Utah
C.R. England, Inc. UT$120.8M · 0.20%
Breeze Aviation Group, Inc UT$40.7M · 0.44%
Maxway Trucking, Inc. UT$13.1M · 0.73%
Pride Transport, Inc. UT$9.0M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870331328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.