Plan Ledger DOL Form 5500 · updated monthly

Cnc Logistics, Inc.401(k)

CNC LOGISTICS, INC. 401(K) PLAN · NORTH AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Cnc Logistics, Inc. reported $2,013 in plan administrative expenses for 2024: 0.46% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,164 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 1.97% to 0.46%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,541st of 3,702), and 2,386th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$618,505
Participants with balances217
Active participants224
Employer contributions$260,736
Employee contributions$248,674
Employer contribution per active participant$1,164
Average account balance$2,850
Benefits paid to participants$206,971
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$619K · 217 accts · $261K emplr
2022$83K · 35 accts
Administrative expenses, itemized · 2024
Investment management$2,013
Total administrative$2,013
The Cnc Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,164
Median for plans this size$540

Cnc Logistics, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.

Administrative cost history2
2024$2,013 · 0.46%
2022$1,537 · 1.97%
Similar plansTransportation & Warehousing · Illinois
Gds Logistics, LLC IL$1.2M · 0.82%
Marysville Releasing Inc. IL$856K · 1.05%
Hmd Trucking, Inc. IL$813K · 0.07%
Cdl 1000, Inc. IL$539K · 2.03%
Devil Dog Delivery, LLC IL$489K · 0.51%
Lakeview Bus Lines Inc. IL$433K · 0.44%
Dauntless Delivery LLC IL$423K · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822883675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.