Plan Ledger DOL Form 5500 · updated monthly

Big M Transportation, Inc.401(k)

BIG M TRANSPORTATION 401(K) PLAN · BLUE MOUNTAIN, MS · plan year 2024

Reported admin expense ratio · 2024
1.60%

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

Big M Transportation, Inc. reported $57,979 in plan administrative expenses for 2024: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $570 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 2.58% to 1.60%. 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 Mississippi (261st of 367), and 1,779th of 2,677 in transportation & warehousing. In 2024, employees put in $6.86 for every $1.00 the employer contributed; active participation has shrunk from 413 to 302 since 2022.

Plan summary
Net assets, end of year$4,045,713
Participants with balances586
Active participants302
Employer contributions$172,000
Employee contributions$1,179,643
Employer contribution per active participant$570
Average account balance$6,904
Benefits paid to participants$917,539
Plan auditUnmodified (clean) audit opinion
AuditorTAYLOR, POWELL, WILSON, AND HARTFOR
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 586 accts · $172K emplr
2023$3.2M · 466 accts · $198K emplr
2022$2.0M · 424 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,546
Audit (IQPA)$8,433
Total administrative$57,979
The Big M Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$570
Median for plans this size$1,313
2024$570 per active participant
2023$480 per active participant
2022$395 per active participant

Big M Transportation, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$74,719
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$8,433

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$57,979 · 1.60%
2023$53,154 · 2.06%
2022$44,890 · 2.58%
Same employer
Similar plansTransportation & Warehousing · Mississippi
Yak Access, LLC MS$21.9M · 0.07%
Golding Barge Line, Inc. MS$16.7M · 0.28%
Bluroc, LLC MS$10.4M · 0.15%
Jordan Carriers, Inc. MS$5.7M · 0.55%
Royal Trucking Company MS$2.1M · 3.32%
Uniphar USA Inc. MS$1.6M · 0.01%
McH Transportation Co. MS$1.5M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640918227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.