Plan Ledger DOL Form 5500 · updated monthly

Direct Chassislink, Inc.401(k)

DIRECT CHASSISLINK, INC. 401(K) SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Direct Chassislink, Inc. reported $12,484 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,695 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 0.05% to 0.03%. 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 413th-largest of 2,005 plans among North Carolina employers on file, and the 413th of 2,677 in transportation & warehousing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,241,017
Participants with balances581
Active participants789
Employer contributions$2,126,540
Employee contributions$3,454,738
Employer contribution per active participant$2,695
Average account balance$76,146
Benefits paid to participants$4,719,921
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 581 accts · $2.1M emplr
2023$37.5M · 512 accts · $2.1M emplr
2022$28.2M · 508 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,484
Total administrative$12,484
The Direct Chassislink, Inc. 401(k) match · 2024
Employer contribution per active participant$2,695
Median for plans this size$2,416
2024$2,695 per active participant
2023$2,939 per active participant
2022$2,655 per active participant

Direct Chassislink, Inc.'s 2024 employer contribution ran above 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$12,484

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,484 · 0.03%
2023$15,957 · 0.05%
2022$19,751 · 0.05%
Same employer
Similar plansTransportation & Warehousing · North Carolina
Haeco Americas NC$104.7M · 0.31%
Ct Management, Inc. NC$48.7M · 0.32%
Epes Transport System, LLC NC$34.3M · 0.74%
Air T, Inc. NC$32.5M · 0.28%
Megacorp Logistics, LLC NC$30.0M · 0.90%
Eagle Transport Corporation NC$25.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132793490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.