Plan Ledger DOL Form 5500 · updated monthly

Brokers Logistics LTD.401(k)

BROKERS LOGISTICS LTD. 401(K) PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Brokers Logistics LTD. reported $12,806 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,324 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 0.16% to 0.31%. 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 Texas (4,183rd of 5,688), and 1,706th of 2,677 in transportation & warehousing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has shrunk from 112 to 80 since 2022.

Plan summary
Net assets, end of year$4,559,149
Participants with balances102
Active participants80
Employer contributions$105,921
Employee contributions$191,586
Employer contribution per active participant$1,324
Average account balance$44,698
Benefits paid to participants$181,589
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 102 accts · $106K emplr
2023$3.8M · 107 accts · $102K emplr
2022$3.2M · 125 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,472
Audit (IQPA)$8,334
Total administrative$12,806
The Brokers Logistics LTD. 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$1,313
2024$1,324 per active participant
2023$907 per active participant
2022$1,733 per active participant

Brokers Logistics LTD.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
SBNG CERTIFIED PUBLIC ACCOUNTANTS · Accounting / audit$8,334

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$12,806 · 0.31%
2023$5,469 · 0.16%
2022$5,411 · 0.16%
Similar plansTransportation & Warehousing · Texas
Rio Marine, Inc. TX$4.5M · 1.07%
Custom Commodities, Inc. TX$4.4M · 0.11%
V Sandco, LLC TX$4.2M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742983758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.