Plan Ledger DOL Form 5500 · updated monthly

Commuteair LLC401(k)

COMMUTEAIR 401K RETIREMENT PLAN · NORTH OLMSTED, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Commuteair LLC reported $16,075 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,536 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 0.06% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 728th-largest of 3,295 plans among Ohio employers on file, and the 417th of 2,677 in transportation & warehousing. In 2024, employees put in $3.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,685,949
Participants with balances1,601
Active participants1,324
Employer contributions$2,033,162
Employee contributions$7,110,584
Employer contribution per active participant$1,536
Average account balance$27,287
Benefits paid to participants$4,818,654
Plan auditUnmodified (clean) audit opinion
AuditorKITTELL BRANAGAN & SARGENT
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 1,601 accts · $2.0M emplr
2023$32.8M · 1,575 accts · $1.8M emplr
2022$23.9M · 1,563 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,075
Total administrative$16,075
The Commuteair LLC 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$2,416
2024$1,536 per active participant
2023$1,694 per active participant
2022$1,164 per active participant

Commuteair LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,075

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

Administrative cost history3
2024$16,075 · 0.04%
2023$12,025 · 0.04%
2022$13,914 · 0.06%
Similar plansTransportation & Warehousing · Ohio
World Group LLC OH$75.1M · 0.14%
Parsec, Inc. OH$54.3M
World Shipping, Inc. OH$46.6M · 0.09%
The Wheeling Corporation OH$42.6M · 0.27%
Dayton-Phoenix Group, Inc. OH$40.9M · 0.27%
Odw Logistics, Inc. OH$38.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475676237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.