Plan Ledger DOL Form 5500 · updated monthly

Direct Connect Logistix, Inc.401(k)

DIRECT CONNECT LOGISTIX, INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.57%

Direct Connect Logistix, Inc. reported $33,553 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. 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 0.27% to 0.57%. 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 Indiana (1,096th of 1,562), and 1,493rd of 2,677 in transportation & warehousing. active participation has shrunk from 247 to 161 since 2022.

Plan summary
Net assets, end of year$6,205,453
Participants with balances169
Active participants161
Employer contributions—
Employee contributions$781,377
Employer contribution per active participant—
Average account balance$36,719
Benefits paid to participants$895,329
Plan auditUnmodified (clean) audit opinion
AuditorTOM LONG (LONG AND ASSOCIATES)
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 169 accts
2023$5.5M · 202 accts · $335K emplr
2022$4.5M · 275 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,553
Total administrative$33,553
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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,553
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)indirect comp

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$33,553 · 0.57%
2023$35,779 · 0.71%
2022$11,281 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Indiana
Days LLC dba Eq United IN$7.6M · 0.47%
Online Transport, Inc. IN$7.6M · 0.68%
Office Three Sixty, Inc. IN$7.5M · 0.01%
Crum Trucking Inc IN$5.7M · 0.07%
Central Trucking Inc. IN$5.4M · 0.03%
Klink Trucking, LLC IN$5.2M · 0.72%
Vectra Integration, Inc. IN$4.9M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270850363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.