Plan Ledger DOL Form 5500 · updated monthly

Exel Inc.401(k)

SUPPLY CHAIN RETIREMENT SAVINGS PLAN · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Exel Inc. reported $796,666 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $1,363 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 49th-largest of 3,295 plans among Ohio employers on file, and the 31st of 2,677 in transportation & warehousing. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,214,356,008
Participants with balances18,947
Active participants35,590
Employer contributions$48,516,468
Employee contributions$70,939,071
Employer contribution per active participant$1,363
Average account balance$64,092
Benefits paid to participants$119,957,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 18,947 accts · $48.5M emplr
2023$1.0B · 18,213 accts · $42.9M emplr
2022$824.5M · 17,665 accts · $37.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$796,666
Total administrative$796,666
The Exel Inc. 401(k) match · 2024
Employer contribution per active participant$1,363
Median for plans this size$5,259
2024$1,363 per active participant
2023$1,175 per active participant
2022$985 per active participant

Exel Inc.'s 2024 employer contribution ran below the $5,259 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$796,666

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$796,666 · 0.07%
2023$510,466 · 0.06%
2022Not separately reported
All plans at this employer2
SUPPLY CHAIN RETIREMENT SAVINGS PLAN401(k)
EXEL 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Ohio
Netjets Aviation, Inc. OH$2.5B · 0.07%
Oneok, Inc. OK$1.4B
Dpwn Holdings USA, Inc. FL$1.4B · 0.11%
Spirit Airlines, Inc. FL$1.2B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042801160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.