Ben Shinn Trucking, Inc.401(k)
SHINN 401(K) RETIREMENT PLAN · EDDYVILLE, IA · plan year 2014
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Ben Shinn Trucking, Inc. reported $3,760 in plan administrative expenses for 2014: 0.13% of average plan assets, above the peer median. Employer contributions averaged $627 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 7 years on file its reported administrative ratio rose from 0.05% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 16 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (764th of 878), and 1,935th of 2,677 in transportation & warehousing. In 2014, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 127 to 106 since 2010.
Ben Shinn Trucking, Inc.'s 2014 employer contribution ran above the $365 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.
Annual cost at the plan's reported 2014 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 421154034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.