Plan Ledger DOL Form 5500 · updated monthly

East Coast Truck & Trailer Sales, Inc.401(k)

EAST COAST TRUCK & TRAILER SALES, INC. 401(K) PLAN · PORTSMOUTH, VA · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

East Coast Truck & Trailer Sales, Inc. reported $18,844 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,706 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 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (2,038th of 2,266), and 2,025th of 2,677 in transportation & warehousing. In 2023, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,485,483
Participants with balances87
Active participants88
Employer contributions$150,126
Employee contributions$359,593
Employer contribution per active participant$1,706
Average account balance$28,569
Benefits paid to participants$93,231
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,844
Total administrative$18,844
The East Coast Truck & Trailer Sales, Inc. 401(k) match · 2023
Employer contribution per active participant$1,706
Median for plans this size$1,308

East Coast Truck & Trailer Sales, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2023$18,844 · 0.89%
Similar plansTransportation & Warehousing · Virginia
Groome Holdings, LLC VA$2.7M · 0.05%
Direct Services, Inc. VA$2.6M · 1.50%
Wayforth, LLC VA$2.5M · 2.03%
Garten Trucking Lc VA$2.4M · 0.16%
W&L Mail Service, Inc. VA$2.0M · 0.89%
Diakon Logistics VA$1.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260257997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.