Plan Ledger DOL Form 5500 · updated monthly

Best Overnite Express, Inc.401(k)

BEST OVERNITE EXPRESS, INC. 401(K) SAVINGS PLAN · IRWINDALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Best Overnite Express, Inc. reported $33,826 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $825 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 0.88% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (6,341st of 9,483), and 1,397th of 2,677 in transportation & warehousing. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,983,935
Participants with balances311
Active participants219
Employer contributions$180,730
Employee contributions$435,422
Employer contribution per active participant$825
Average account balance$22,456
Benefits paid to participants$303,479
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 311 accts · $181K emplr
2023$6.1M · 283 accts · $156K emplr
2022$5.0M · 275 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,826
Total administrative$33,826
The Best Overnite Express, Inc. 401(k) match · 2024
Employer contribution per active participant$825
Median for plans this size$1,313
2024$825 per active participant
2023$702 per active participant
2022$823 per active participant

Best Overnite Express, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
HOWARD SIMON & ASSOCIATES · Recordkeeping · Pension consulting$33,826

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

Recordkeeper by year2
2024HOWARD SIMON & ASSOCIATES
2023HOWARD SIMON & ASSOCIATES

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Administrative cost history3
2024$33,826 · 0.52%
2023$9,625 · 0.17%
2022$46,153 · 0.88%
Same employer
Similar plansTransportation & Warehousing · California
Skyryse CA$7.4M · 0.01%
Next Trucking, Inc. CA$7.1M · 0.53%
Winedirect, Inc. CA$6.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954145079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.