Plan Ledger DOL Form 5500 · updated monthly

Ceres Terminals Incorporated401(k)

CERES TERMINALS INCORPORATED 401(K) PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Ceres Terminals Incorporated reported $7,566 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,393 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 681st-largest of 1,496 plans among Tennessee employers on file, and the 911th of 2,677 in transportation & warehousing. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,804,837
Participants with balances231
Active participants191
Employer contributions$457,040
Employee contributions$1,117,100
Employer contribution per active participant$2,393
Average account balance$64,090
Benefits paid to participants$4,773,939
Plan auditUnmodified (clean) audit opinion
AuditorKRAFTCPAS PLLC
Administrative expenses, itemized · 2022
Investment management$3,735
Total administrative$7,566
The Ceres Terminals Incorporated 401(k) match · 2022
Employer contribution per active participant$2,393
Median for plans this size$2,266

Ceres Terminals Incorporated's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,566 · 0.04%
All plans at this employer2
CERES TERMINALS INCORPORATED 401(K) PLAN401(k)
CERES MONEY PURCHASE PENSION PLANMoney purchase plan
Same employer
Similar plansTransportation & Warehousing · Tennessee
Danny Herman Trucking, Inc. TN$19.3M · 0.46%
Ozark Motor Lines, Inc TN$17.6M · 0.21%
Ascend Leasing, LLC TN$14.4M · 1.43%
Axle Logistics, LLC TN$14.3M · 0.01%
Steam Logistics, LLC TN$11.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201920468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.