Plan Ledger DOL Form 5500 · updated monthly

Empire Express, Inc.401(k)

EMPIRE EXPRESS, INC. 401(K) RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Empire Express, Inc. reported $19,461 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.53% to 0.42%. 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 Tennessee (1,091st of 1,496), and 1,685th of 2,677 in transportation & warehousing. active participation has shrunk from 135 to 110 since 2022.

Plan summary
Net assets, end of year$4,738,981
Participants with balances82
Active participants110
Employer contributions$0
Employee contributions$268,869
Employer contribution per active participant$0
Average account balance$57,792
Benefits paid to participants$620,970
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 82 accts
2023$4.6M · 97 accts · $84K emplr
2022$4.1M · 100 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,500
Investment management$10,961
Total administrative$19,461
The Empire Express, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$620 per active participant
2022$940 per active participant

Empire Express, 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 · 20242
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$10,961
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$8,500

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$19,461 · 0.42%
2023$13,233 · 0.31%
2022$23,520 · 0.53%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Wepfer Marine, Inc. TN$5.6M · 0.64%
Jnj Express Inc. TN$5.2M · 1.02%
First Express, Inc. TN$5.0M · 0.68%
Nationwide Express, Inc. TN$4.9M · 0.27%
Mid South Transport , Inc TN$3.0M · 0.06%
Southerland, Inc. TN$2.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710609490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.