Plan Ledger DOL Form 5500 · updated monthly

Federal Warehouse Company401(k)

THE FEDERAL COMPANIES 401(K) RETIREMENT PLAN AND TRUST · EAST PEORIA, IL · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Federal Warehouse Company reported $36,878 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,187 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 0.32% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,463rd of 3,702), and the 1,209th of 2,677 in transportation & warehousing. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,162,625
Participants with balances126
Active participants148
Employer contributions$175,670
Employee contributions$391,185
Employer contribution per active participant$1,187
Average account balance$72,719
Benefits paid to participants$283,433
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Plan history2
Yearassets · accounts · employer contribution
2023$9.2M · 126 accts · $176K emplr
2022$7.4M · 124 accts · $207K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,616
Investment management$3,433
Total administrative$36,878
The Federal Warehouse Company 401(k) match · 2023
Employer contribution per active participant$1,187
Median for plans this size$1,308
2023$1,187 per active participant
2022$1,095 per active participant

Federal Warehouse Company's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
CREATIVE PLANNING LLC$3,829
EMPOWER ADVISORY GROUP, LLC · Investment management$3,433
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICESindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$36,878 · 0.45%
2022$26,201 · 0.32%
Same employer
Similar plansTransportation & Warehousing · Illinois
Helicopters, Inc. IL$11.9M · 0.32%
Nu-Way Logistics, Inc. IL$11.2M · 0.20%
Standard Forwarding LLC IL$9.5M · 0.07%
Pacific Harbor Line, Inc. IL$8.3M · 0.29%
Richard McNay, Inc. IL$8.3M · 0.45%
Midwest Transport, Inc. IL$8.2M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370271490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.