Plan Ledger DOL Form 5500 · updated monthly

Bison Transport (USA), Inc.401(k)

BISON TRANSPORT (USA), INC. EMPLOYEES' 401(K) PLAN · · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Bison Transport (USA), Inc. reported $18,126 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $681 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 rose from 0.06% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 423rd of 2,677 in transportation & warehousing. In 2023, employees put in $4.09 for every $1.00 the employer contributed; active participation has grown from 496 to 1,027 since 2022.

Plan summary
Net assets, end of year$42,570,576
Participants with balances576
Active participants1,027
Employer contributions$699,415
Employee contributions$2,859,657
Employer contribution per active participant$681
Average account balance$73,907
Benefits paid to participants$6,176,178
Plan auditUnmodified (clean) audit opinion
AuditorKERBER ROSE SC
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 640 accts · $526K emplr
2023$42.6M · 576 accts · $699K emplr
2022$23.8M · 285 accts · $168K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,126
Total administrative$18,126
The Bison Transport (USA), Inc. 401(k) match · 2023
Employer contribution per active participant$681
Median for plans this size$2,440
2024$571 per active participant
2023$681 per active participant
2022$338 per active participant

Bison Transport (USA), Inc.'s 2023 employer contribution ran below the $2,440 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 · 20234
NATIONWIDE · Investment management$28,343
DEFINITI · Contract administrator$13,448
LPL FINANCIAL, LLCindirect comp
NATIONWIDE · Investment managementindirect comp

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$65,671 · 0.16%
2023$18,126 · 0.05%
2022$13,563 · 0.06%
Same employer
Similar plansTransportation & Warehousing
McDonough Corporation AZ$43.2M · 0.13%
Magnum, LTD. ND$43.1M · 0.35%
The Wheeling Corporation OH$42.6M · 0.27%
Liberty Lines Transit, Inc. NY$42.3M · 0.00%
Air Canada $42.3M · 0.56%
Alclear, LLC NY$42.2M · 1.06%
Portland Air Freight, Inc. ME$41.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331220981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.