Plan Ledger DOL Form 5500 · updated monthly

Carroll Fulmer Logistics Corporation401(k)

CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN · GROVELAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Carroll Fulmer Logistics Corporation reported $55,868 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,829 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 fell from 1.07% to 0.81%. 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 Florida (2,166th of 3,644), and 1,401st of 2,677 in transportation & warehousing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 292 to 206 since 2022.

Plan summary
Net assets, end of year$6,957,559
Participants with balances166
Active participants206
Employer contributions$376,832
Employee contributions$664,869
Employer contribution per active participant$1,829
Average account balance$41,913
Benefits paid to participants$1,495,394
Plan auditUnmodified (clean) audit opinion
AuditorPRIDA, GUIDA & PEREZ, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 166 accts · $377K emplr
2023$6.8M · 192 accts · $441K emplr
2022$6.1M · 206 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,317
Investment management$24,551
Total administrative$55,868
The Carroll Fulmer Logistics Corporation 401(k) match · 2024
Employer contribution per active participant$1,829
Median for plans this size$1,313
2024$1,829 per active participant
2023$1,678 per active participant
2022$1,627 per active participant

Carroll Fulmer Logistics Corporation'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$31,317
RAYMOND JAMES AND ASSOCIATES INC · Investment advisory (plan)$24,551

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$55,868 · 0.81%
2023$78,461 · 1.22%
2022$67,197 · 1.07%
Same employer
Similar plansTransportation & Warehousing · Florida
Sts Holdings, LLC FL$9.5M · 0.65%
Trailer Bridge, Inc. FL$8.5M · 0.70%
Norcom Realty Corp. FL$7.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010664729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.