Plan Ledger DOL Form 5500 · updated monthly

Bill's Taxi Service, Inc.401(k)

BILL'S TAXI SERVICE, INC. 401(K) PLAN · BRIDGEWATER, MA · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Bill's Taxi Service, Inc. reported $15,742 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $484 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,600th of 2,726), and 2,179th of 2,677 in transportation & warehousing. In 2022, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,651,588
Participants with balances51
Active participants130
Employer contributions$62,951
Employee contributions$192,002
Employer contribution per active participant$484
Average account balance$32,384
Benefits paid to participants$162,845
Plan auditUnmodified (clean) audit opinion
AuditorMINSK, GOULD, TATTRIE & LUSSIER, LL
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,742
Total administrative$15,742
The Bill's Taxi Service, Inc. 401(k) match · 2022
Employer contribution per active participant$484
Median for plans this size$1,114

Bill's Taxi Service, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,742 · 0.90%
Similar plansTransportation & Warehousing · Massachusetts
Goulet Trucking, Inc. MA$2.2M · 0.93%
A Yankee Line, Inc. MA$1.8M · 0.01%
Baystate Delivery Inc MA$773K · 0.46%
Jst Transportation MA$711K · 1.37%
Kma Delivery LLC MA$253K · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042967336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.