Plan Ledger DOL Form 5500 · updated monthly

Collectors LLC401(k)

COLLECTORS DELIVERY SERVICE 401(K) PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Collectors LLC reported $870 in plan administrative expenses for 2024: 0.46% of average plan assets, lower than ~75% of peers. Employer contributions averaged $748 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 0.14% 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 Ohio (3,247th of 3,295), and 2,563rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$221,147
Participants with balances73
Active participants68
Employer contributions$50,839
Employee contributions$108,290
Employer contribution per active participant$748
Average account balance$3,029
Benefits paid to participants$117,557
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$221K · 73 accts · $51K emplr
2023$159K · 116 accts · $43K emplr
Administrative expenses, itemized · 2024
Investment management$870
Total administrative$870
The Collectors LLC 401(k) match · 2024
Employer contribution per active participant$748
Median for plans this size$540
2024$748 per active participant
2023$522 per active participant

Collectors LLC's 2024 employer contribution ran above the $540 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.

Administrative cost history2
2024$870 · 0.46%
2023$217 · 0.14%
Similar plansTransportation & Warehousing · Ohio
Engineered Logistics LLC OH$403K · 6.22%
Ten Sixty Logistics LLC OH$295K · 0.58%
Ironside Logistics LLC OH$230K · 0.06%
DC1 Transport LLC OH$230K · 0.45%
Xtreme Express LLC OH$63K · 2.78%
Auxilio Inc OH$28K · 8.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814661740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.