Plan Ledger DOL Form 5500 · updated monthly

Chem Carriers, LLC401(k)

CHEM CARRIERS, LLC 401(K) PLAN · SUNSHINE, LA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Chem Carriers, LLC reported $24,677 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,952 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 1 year on file its reported administrative ratio rose from 0.16% to 0.40%. 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 Louisiana (546th of 884), and 1,430th of 2,677 in transportation & warehousing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,705,184
Participants with balances212
Active participants134
Employer contributions$261,516
Employee contributions$541,323
Employer contribution per active participant$1,952
Average account balance$31,628
Benefits paid to participants$527,229
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.7M · 212 accts · $262K emplr
2023$5.6M · 209 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,677
Total administrative$24,677
The Chem Carriers, LLC 401(k) match · 2024
Employer contribution per active participant$1,952
Median for plans this size$1,313
2024$1,952 per active participant
2023$2,169 per active participant

Chem Carriers, LLC'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 · 20241

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

Administrative cost history2
2024$24,677 · 0.40%
2023$8,713 · 0.16%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Odyssea Marine, Inc LA$9.1M · 0.79%
Citadel Completions LLC LA$7.3M · 0.17%
D & S Marine Service, LLC LA$7.1M · 0.47%
L&B Holdings, L.L.C. LA$6.7M · 0.65%
Port Ship Service, Inc. LA$6.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721281830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.