Plan Ledger DOL Form 5500 · updated monthly

Curtin Maritime401(k)

CURTIN MARITIME 401(K) PROFIT SHARING PLAN & TRUST · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Curtin Maritime reported $56,004 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,610 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 0.86% to 0.69%. 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 California (5,374th of 9,483), and the 1,137th of 2,677 in transportation & warehousing. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 225 to 357 since 2022.

Plan summary
Net assets, end of year$10,270,445
Participants with balances381
Active participants357
Employer contributions$931,905
Employee contributions$2,292,979
Employer contribution per active participant$2,610
Average account balance$26,957
Benefits paid to participants$656,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 381 accts · $932K emplr
2023$5.9M · 354 accts · $228K emplr
2022$3.9M · 246 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,205
Investment management$36,939
Trustee / custodial$860
Total administrative$56,004
The Curtin Maritime 401(k) match · 2024
Employer contribution per active participant$2,610
Median for plans this size$1,313
2024$2,610 per active participant
2023$791 per active participant

Curtin Maritime'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 · 20244
LPL FINANCIAL, LLC · Investment advisory (participants) · Recordkeeping$36,939
PAYCHEX, INC. · Investment advisory (participants) · Recordkeeping$23,205
PRINCIPAL LIFE INSURANCE · Contract administrator · Loan processing$4,594
ACTUARIES UNLIMITED INC · Contract administrator$330

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

Recordkeeper by year2
2024LPL Financial, Paychex
2023GLOBAL RETIREMENT PARTNERS, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Curtin Maritime before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,004 · 0.69%
2023$37,725 · 0.77%
2022$30,605 · 0.86%
All plans at this employer2
CURTIN MARITIME 401(K) PROFIT SHARING PLAN & TRUST401(k)
CURTIN MARITIME CORP. PREVAILING WAGE PLANMoney purchase plan
Same employer
Similar plansTransportation & Warehousing · California
Komyo America Co., Inc. CA$10.8M · 0.76%
Meiko America, Inc. CA$10.7M · 0.05%
Tiger Lines, LLC CA$10.6M · 0.71%
Aeronet, Inc. CA$10.0M · 0.34%
Mather Aviation, LLC CA$9.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330781701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.