Plan Ledger DOL Form 5500 · updated monthly

Estes Express Lines401(k)

ESTES EXPRESS LINES 401(K) RETIREMENT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Estes Express Lines reported $1,243,933 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,414 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 3 years on file its reported administrative ratio has held roughly steady near 0.155%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 51st-largest of 2,266 plans among Virginia employers on file, and the 49th of 2,677 in transportation & warehousing. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$866,144,145
Participants with balances12,042
Active participants20,409
Employer contributions$28,865,968
Employee contributions$77,225,866
Employer contribution per active participant$1,414
Average account balance$71,927
Benefits paid to participants$87,593,914
Plan auditUnmodified (clean) audit opinion
AuditorJOYNER KIRKHAM KEEL & ROBERTSON PC
Plan history3
Yearassets · accounts · employer contribution
2024$866.1M · 12,042 accts · $28.9M emplr
2023$742.9M · 11,336 accts · $21.9M emplr
2022$611.4M · 10,761 accts · $19.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$607,890
Investment management$636,043
Total administrative$1,243,933
The Estes Express Lines 401(k) match · 2024
Employer contribution per active participant$1,414
Median for plans this size$4,294
2024$1,414 per active participant
2023$1,136 per active participant
2022$1,038 per active participant

Estes Express Lines's 2024 employer contribution ran below the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$636,043
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$607,890

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$1,243,933 · 0.15%
2023$1,116,193 · 0.16%
2022$1,013,611 · 0.15%
Same employer
Similar plansTransportation & Warehousing · Virginia
Board of Trustees NJ$936.2M · 0.12%
Schneider National, Inc. WI$893.4M · 0.09%
Kirby Corporation TX$850.1M · 0.07%
Netjets Inc. OH$835.6M · 0.05%
Royal Caribbean Cruises LTD. FL$787.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540492941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.