Plan Ledger DOL Form 5500 · updated monthly

Cargo Partner Network401(k)

CARGO PARTNER NETWORK 401(K) PLAN · CAROL STREAM, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cargo Partner Network reported $6,125 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,688 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 0.12% to 0.14%. 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 Illinois (3,010th of 3,702), and 1,712th of 2,677 in transportation & warehousing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 99 to 64 since 2022.

Plan summary
Net assets, end of year$4,519,819
Participants with balances91
Active participants64
Employer contributions$172,062
Employee contributions$356,574
Employer contribution per active participant$2,688
Average account balance$49,668
Benefits paid to participants$698,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 91 accts · $172K emplr
2023$4.1M · 137 accts · $150K emplr
2022$3.2M · 135 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,125
Total administrative$6,125
The Cargo Partner Network 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$1,313
2024$2,688 per active participant
2023$1,740 per active participant
2022$1,361 per active participant

Cargo Partner Network's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$6,125 · 0.14%
2023$2,910 · 0.08%
2022$4,320 · 0.12%
Similar plansTransportation & Warehousing · Illinois
Ironhorse Resources, Inc. IL$4.8M · 0.56%
Middle River Marine, LLC IL$4.7M · 0.69%
Lanter Distributing LLC IL$4.2M · 0.98%
T.H. Ryan Cartage Co. IL$4.1M · 0.69%
Double D Express, Inc. IL$3.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134175441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.