Plan Ledger DOL Form 5500 · updated monthly

Contract Freighters, Inc.401(k)

CONTRACT FREIGHTERS, INC. 401(K) PLAN · JOPLIN, MO · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Contract Freighters, Inc. reported $110,116 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $449 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 401st-largest of 1,393 plans among Missouri employers on file, and the 492nd of 2,677 in transportation & warehousing. In 2023, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,455,533
Participants with balances710
Active participants2,103
Employer contributions$944,182
Employee contributions$3,359,213
Employer contribution per active participant$449
Average account balance$49,937
Benefits paid to participants$7,732,325
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $715K emplr
2023$35.5M · 710 accts · $944K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$91,841
Investment management$18,275
Total administrative$110,116
The Contract Freighters, Inc. 401(k) match · 2023
Employer contribution per active participant$449
Median for plans this size$2,440

Contract Freighters, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$91,841
CAPTRUST · Investment advisory (plan)$25,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,276

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

Administrative cost history2
2024Not separately reported
2023$110,116 · 0.31%
Similar plansTransportation & Warehousing · Missouri
Cpc Logistics, Inc. MO$82.7M · 0.18%
Trans States Holdings, Inc. MO$60.7M · 0.18%
Hogan Services, Inc. MO$45.3M · 0.37%
Tm Pay, Inc. MO$24.7M · 0.40%
Industrial Marketing, Inc. MO$21.3M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440561546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.