Plan Ledger DOL Form 5500 · updated monthly

Becker Logistics LLC401(k)

BECKER LOGISTICS LLC 401(K) PLAN · GLENDALE HTS, IL · plan year 2023

Reported admin expense ratio · 2023
1.35%

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

Becker Logistics LLC reported $49,314 in plan administrative expenses for 2023: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $343 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 1.07%. 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 Illinois (2,947th of 3,702), and 1,616th of 2,677 in transportation & warehousing. In 2023, employees put in $14.58 for every $1.00 the employer contributed; active participation has shrunk from 148 to 111 since 2022.

Plan summary
Net assets, end of year$5,111,102
Participants with balances132
Active participants111
Employer contributions$38,060
Employee contributions$554,936
Employer contribution per active participant$343
Average account balance$38,720
Benefits paid to participants$292,381
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 110 accts
2023$5.1M · 132 accts · $38K emplr
2022$2.2M · 133 accts · $99K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,742
Investment management$19,572
Total administrative$49,314
The Becker Logistics LLC 401(k) match · 2023
Employer contribution per active participant$343
Median for plans this size$1,308
2023$343 per active participant
2022$668 per active participant

Becker Logistics 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,742
MORGAN STANLEY WEALTH MA · Pension consulting · Investment advisory (plan)$19,572

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$52,607 · 1.07%
2023$49,314 · 1.35%
2022$22,919 · 1.10%
Similar plansTransportation & Warehousing · Illinois
The Innovation Group IL$5.4M · 0.04%
G P Transportation Co. IL$5.3M · 1.47%
Ironhorse Resources, Inc. IL$4.8M · 0.56%
Middle River Marine, LLC IL$4.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384050715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.