Plan Ledger DOL Form 5500 · updated monthly

Evansville Marine Service, Inc.401(k)

EVANSVILLE MARINE SERVICE, INC. 401(K) PLAN · EVANSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
1.23%

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

Evansville Marine Service, Inc. reported $56,263 in plan administrative expenses for 2022: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,935 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 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Indiana (1,222nd of 1,562), and 1,739th of 2,677 in transportation & warehousing. In 2022, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,339,232
Participants with balances94
Active participants108
Employer contributions$209,026
Employee contributions$457,104
Employer contribution per active participant$1,935
Average account balance$46,162
Benefits paid to participants$188,744
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN HOOD LLC
The Evansville Marine Service, Inc. 401(k) match · 2022
Employer contribution per active participant$1,935
Median for plans this size$1,114

Evansville Marine Service, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$56,263 · 1.23%
Same employer
Similar plansTransportation & Warehousing · Indiana
Central Trucking Inc. IN$5.4M · 0.03%
Klink Trucking, LLC IN$5.2M · 0.72%
Vectra Integration, Inc. IN$4.9M · 1.16%
Qcf/I, Inc. IN$4.4M · 0.03%
Jew, Inc. IN$3.7M · 0.95%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351930685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.