Plan Ledger DOL Form 5500 · updated monthly

Courier Network, Inc.401(k)

COURIER NETWORK, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Courier Network, Inc. reported $27,220 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $4,283 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 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (3,988th of 5,648), and the 1,335th of 2,677 in transportation & warehousing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,562,714
Participants with balances142
Active participants115
Employer contributions$492,564
Employee contributions$713,535
Employer contribution per active participant$4,283
Average account balance$53,259
Benefits paid to participants$641,219
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,570
Investment management$20,650
Total administrative$27,220
The Courier Network, Inc. 401(k) match · 2024
Employer contribution per active participant$4,283
Median for plans this size$1,313

Courier Network, Inc.'s 2024 employer contribution ran above the $1,313 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.

Service providers · 20243
LWN ADVISORY SERVICES LLC · Investment advisory (plan)$19,606
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,044

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

Administrative cost history1
2024$27,220 · 0.41%
Similar plansTransportation & Warehousing · New York
Turk Hava Yollari, A.O. NY$7.8M · 0.04%
Riccelli Holdings, Inc. NY$7.8M · 0.28%
Ic Employee Leasing LLC NY$7.5M · 0.73%
Tts Worldwide, LLC NY$6.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133354022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.