Plan Ledger DOL Form 5500 · updated monthly

Cheema Freightlines, LLC401(k)

CHEEMA FREIGHTLINES LLC 401(K) PROFIT SHARING PLAN & TRU · PACIFIC, WA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Cheema Freightlines, LLC reported $7,967 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $517 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 0.29% to 0.33%. 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 Washington (1,506th of 1,714), and 1,956th of 2,677 in transportation & warehousing. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 278 to 448 since 2022.

Plan summary
Net assets, end of year$2,897,850
Participants with balances177
Active participants448
Employer contributions$231,833
Employee contributions$671,673
Employer contribution per active participant$517
Average account balance$16,372
Benefits paid to participants$302,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 177 accts · $232K emplr
2023$1.9M · 143 accts · $165K emplr
2022$920K · 109 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,967
Total administrative$7,967
The Cheema Freightlines, LLC 401(k) match · 2024
Employer contribution per active participant$517
Median for plans this size$1,313
2024$517 per active participant
2023$430 per active participant

Cheema Freightlines, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$7,966

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
2023ADP

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

Administrative cost history3
2024$7,967 · 0.33%
2023$4,214 · 0.29%
2022$2,160 · 0.29%
Same employer
Similar plansTransportation & Warehousing · Washington
Bcs Operations LLC WA$3.4M · 0.36%
Innersea Discoveries, LLC WA$3.1M · 0.42%
Regal West Corporation WA$2.3M · 0.34%
Driveshop LLC WA$2.0M · 1.57%
Signature Transport Inc. WA$1.7M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204667506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.