Plan Ledger DOL Form 5500 · updated monthly

Dick Lavy Trucking, Inc401(k)

DICK LAVY TRUCKING, INC 401(K) RETIREMENT PLAN · BRADFORD, OH · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Dick Lavy Trucking, Inc reported $34,380 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $421 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 rose from 0.71% to 0.93%. 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 Ohio (2,721st of 3,295), and 1,806th of 2,677 in transportation & warehousing. In 2024, employees put in $5.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,816,016
Participants with balances172
Active participants176
Employer contributions$74,139
Employee contributions$428,205
Employer contribution per active participant$421
Average account balance$22,186
Benefits paid to participants$675,811
Plan auditUnmodified (clean) audit opinion
AuditorMAHLE, WACK, ZAIDAIN & CO., PLL
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 172 accts · $74K emplr
2023$3.6M · 155 accts · $67K emplr
2022$3.3M · 158 accts · $70K emplr
The Dick Lavy Trucking, Inc 401(k) match · 2024
Employer contribution per active participant$421
Median for plans this size$1,313
2024$421 per active participant
2023$416 per active participant
2022$407 per active participant

Dick Lavy Trucking, Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
CREATIVE RETIREMENT SYSTEMS, INC. · Contract administrator$9,593
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$8,926
MAHLE WACK ZAIDAIN & CO PLL · Accounting / audit$2,498
EMPOWER ADVISORY GROUP,LLC · Investment management$680

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$34,380 · 0.93%
2023$24,015 · 0.70%
2022$25,816 · 0.71%
Same employer
Similar plansTransportation & Warehousing · Ohio
Whitacre Logistics LLC OH$4.0M · 0.89%
Ted Ruck Company OH$3.9M · 0.71%
Budco Group, Inc. OH$3.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311208025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.