Plan Ledger DOL Form 5500 · updated monthly

Chestnut Ridge Transport., Inc.401(k)

CHESTNUT RIDGE TRANSPORT., INC. EMPLOYEES 401(K) PROF SHRG PLAN · SPRING VALLEY, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Chestnut Ridge Transport., Inc. reported $18,255 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $227 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 0.31% to 0.21%. 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 New York (3,660th of 5,648), and the 1,181st of 2,677 in transportation & warehousing. In 2024, employees put in $7.35 for every $1.00 the employer contributed; active participation has grown from 418 to 481 since 2022.

Plan summary
Net assets, end of year$9,623,770
Participants with balances268
Active participants481
Employer contributions$109,136
Employee contributions$801,752
Employer contribution per active participant$227
Average account balance$35,910
Benefits paid to participants$512,907
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 268 accts · $109K emplr
2023$8.1M · 309 accts · $126K emplr
2022$6.6M · 285 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,255
Total administrative$18,255
The Chestnut Ridge Transport., Inc. 401(k) match · 2024
Employer contribution per active participant$227
Median for plans this size$1,313
2024$227 per active participant
2023$281 per active participant
2022$284 per active participant

Chestnut Ridge Transport., Inc.'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$17,917
ADP BROKER-DEALER · Other servicesindirect comp

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, OCONNOR DAVIES,

This plan has changed recordkeepers within these filings. If you left Chestnut Ridge Transport., Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,255 · 0.21%
2023$23,071 · 0.31%
2022$21,488 · 0.31%
Similar plansTransportation & Warehousing · New York
Hampton Jitney, Inc. NY$10.7M · 0.46%
Talon Air, LLC NY$10.5M · 0.23%
Keith Titus Corp. NY$9.6M · 0.57%
Ficel Transport, Inc. NY$9.2M · 0.33%
Riccelli Holdings, Inc. NY$9.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133082718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.