Plan Ledger DOL Form 5500 · updated monthly

Bonded Logistics, Inc.401(k)

BONDED LOGISTICS, INC. EMPLOYEES SAVINGS TRUST · CHARLOTTE, NC · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Bonded Logistics, Inc. reported $2,169 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $244 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 1 year on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,448th of 2,005), and 1,608th of 2,677 in transportation & warehousing. In 2023, employees put in $5.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,176,019
Participants with balances96
Active participants223
Employer contributions$54,490
Employee contributions$303,556
Employer contribution per active participant$244
Average account balance$53,917
Benefits paid to participants$412,306
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.2M · 96 accts · $54K emplr
2022$4.4M · 104 accts · $95K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,169
Total administrative$2,169
The Bonded Logistics, Inc. 401(k) match · 2023
Employer contribution per active participant$244
Median for plans this size$1,308
2023$244 per active participant
2022$408 per active participant

Bonded Logistics, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,169

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

Administrative cost history2
2023$2,169 · 0.05%
2022$2,863 · 0.06%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Dillard-Lewis, Inc. NC$5.3M · 0.05%
Blue Max Trucking, Inc. NC$5.2M · 0.62%
L.J. Rogers, Inc. NC$3.0M · 1.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311804425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.