Plan Ledger DOL Form 5500 · updated monthly

Classic Carriers, Inc.401(k)

CLASSIC CARRIERS/CLASSIC WAREHOUSING 401K PLAN · VERSAILLES, OH · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Classic Carriers, Inc. reported $13,652 in plan administrative expenses for 2022: 0.42% of average plan assets, below the peer median. Employer contributions averaged $810 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,921st of 3,295), and 1,995th of 2,677 in transportation & warehousing. In 2022, employees put in $2.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,651,389
Participants with balances65
Active participants101
Employer contributions$81,839
Employee contributions$220,735
Employer contribution per active participant$810
Average account balance$40,791
Benefits paid to participants$1,126,926
Plan auditUnmodified (clean) audit opinion
The Classic Carriers, Inc. 401(k) match · 2022
Employer contribution per active participant$810
Median for plans this size$1,114

Classic Carriers, Inc.'s 2022 employer contribution ran below the $1,114 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$13,652 · 0.42%
Same employer
Similar plansTransportation & Warehousing · Ohio
Budco Group, Inc. OH$3.2M · 0.03%
First Mile Square LLC OH$2.6M · 1.26%
Dimalsa Logistics Corp OH$2.1M · 0.00%
Superior Marine Ways Inc OH$2.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311152938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.