Plan Ledger DOL Form 5500 · updated monthly

Boardwalk Pipeline Partners, LP401(k)

BOARDWALK PIPELINE PARTNERS, LP SAVINGS PLAN · OWENSBORO, KY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Boardwalk Pipeline Partners, LP reported $203,705 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $11,554 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 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 19th-largest of 871 plans among Kentucky employers on file, and the 84th of 2,677 in transportation & warehousing. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$453,979,928
Participants with balances1,566
Active participants1,292
Employer contributions$14,927,315
Employee contributions$14,983,293
Employer contribution per active participant$11,554
Average account balance$289,898
Benefits paid to participants$45,707,943
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$454.0M · 1,566 accts · $14.9M emplr
2023$410.1M · 1,526 accts · $13.8M emplr
2022$352.7M · 1,492 accts · $12.8M emplr
Administrative expenses, itemized · 2024
Investment management$80,000
Audit (IQPA)$29,306
Total administrative$203,705
The Boardwalk Pipeline Partners, LP 401(k) match · 2024
Employer contribution per active participant$11,554
Median for plans this size$4,294
2024$11,554 per active participant
2023$10,963 per active participant
2022$10,532 per active participant

Boardwalk Pipeline Partners, LP's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20244
STEGNER INVESTMENT ASSOCIATES · Investment advisory (plan)$80,000
FROST BROWN TODD · Legal$51,345
T. ROWE PRICE RPS INC · Loan processing · Other services$43,054
DEAN DORTON ALLEN FORD, PLLC · Accounting / audit$29,306

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$203,705 · 0.05%
2023$153,586 · 0.04%
2022$144,283 · 0.04%
Similar plansTransportation & Warehousing · Kentucky
Cruise, LLC CA$489.2M · 0.00%
R&L Carriers, Inc. OH$472.4M · 0.12%
Schenker, Inc VA$464.9M · 0.22%
Doordash, Inc. CA$438.7M · 0.12%
Gxo Enterprise Services, LLC CT$438.3M · 0.24%
Phi Group, Inc. LA$426.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061687421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.