Plan Ledger DOL Form 5500 · updated monthly

Bulkmatic Transport Company401(k)

BULKMATIC 401(K) RETIREMENT SAVINGS PLAN · GRIFFITH, IN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Bulkmatic Transport Company reported $175,484 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,641 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 0.31% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 341st-largest of 1,562 plans among Indiana employers on file, and the 448th of 2,677 in transportation & warehousing. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 800 to 606 since 2022.

Plan summary
Net assets, end of year$39,726,475
Participants with balances866
Active participants606
Employer contributions$994,278
Employee contributions$3,825,240
Employer contribution per active participant$1,641
Average account balance$45,874
Benefits paid to participants$8,982,421
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 866 accts · $994K emplr
2023$37.4M · 964 accts · $895K emplr
2022$31.8M · 1,022 accts · $942K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,397
Investment management$84,087
Total administrative$175,484
The Bulkmatic Transport Company 401(k) match · 2024
Employer contribution per active participant$1,641
Median for plans this size$2,416
2024$1,641 per active participant
2023$1,253 per active participant
2022$1,177 per active participant

Bulkmatic Transport Company's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$91,396
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$84,086
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$175,484 · 0.46%
2023$124,904 · 0.36%
2022$110,091 · 0.31%
Same employer
Similar plansTransportation & Warehousing · Indiana
Warehouse Services, Inc. IN$123.0M · 0.04%
Atlas World Group, Inc. IN$72.3M · 0.25%
Envista, LLC IN$38.3M · 0.27%
Wheaton van Lines, Inc. IN$35.0M · 0.00%
Carter Express, Inc. IN$27.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362589105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.