Plan Ledger DOL Form 5500 · updated monthly

Bucks County Transport401(k)

BUCKS COUNTY TRANSPORT, INC. RETIREMENT PLAN · HOLICONG, PA · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

Bucks County Transport reported $15,075 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $410 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 rose from 0.71% to 0.76%. 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 Pennsylvania (3,308th of 3,651), and 2,075th of 2,677 in transportation & warehousing. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,238,599
Participants with balances66
Active participants104
Employer contributions$42,589
Employee contributions$90,953
Employer contribution per active participant$410
Average account balance$33,918
Benefits paid to participants$44,320
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH+BROWN, PCC
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 66 accts · $43K emplr
2022$1.7M · 68 accts · $40K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$743
Investment management$14,332
Total administrative$15,075
The Bucks County Transport 401(k) match · 2023
Employer contribution per active participant$410
Median for plans this size$1,308
2023$410 per active participant
2022$404 per active participant

Bucks County Transport'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
FULTON BANK N.A · Recordkeeping · Consulting$15,852

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$15,075 · 0.76%
2022$18,082 · 0.71%
Similar plansTransportation & Warehousing · Pennsylvania
Regional Rail, LLC PA$2.6M · 0.55%
Jle Industries, LLC PA$2.3M · 0.96%
Beemac, Inc. PA$2.1M
Burgmeier Hauling, Inc. PA$2.0M · 1.24%
Mlaker LLC PA$1.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232371722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.