Plan Ledger DOL Form 5500 · updated monthly

Falcon Transportation, LLC401(k)

FALCON 401(K) PLAN · PRESQUE ISLE, ME · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Falcon Transportation, LLC reported $2,150 in plan administrative expenses for 2022: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,488 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 Maine (336th of 354), and 2,270th of 2,677 in transportation & warehousing. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,213,838
Participants with balances68
Active participants89
Employer contributions$132,436
Employee contributions$229,769
Employer contribution per active participant$1,488
Average account balance$17,851
Benefits paid to participants$80,397
Plan auditUnmodified (clean) audit opinion
AuditorFELCH & CO LLC
The Falcon Transportation, LLC 401(k) match · 2022
Employer contribution per active participant$1,488
Median for plans this size$1,114

Falcon Transportation, LLC'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$2,150 · 0.18%
Similar plansTransportation & Warehousing · Maine
Maine Aviation Corp. ME$3.8M · 0.49%
Kennebec Lumber Company ME$3.1M · 0.78%
Kerns Trucking, Inc. NC$1.2M · 0.85%
Kaser Fleet, LLC IN$1.2M · 0.03%
Student Bus Company, Inc. NY$1.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471560826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.