Plan Ledger DOL Form 5500 · updated monthly

Finster Courier, Inc. dba Elite Express401(k)

ELITE EXPRESS 401(K) PLAN · PENNSAUKEN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

Finster Courier, Inc. dba Elite Express reported $25,122 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $177 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 New Jersey (2,057th of 2,419), and 1,951st of 2,677 in transportation & warehousing. In 2022, employees put in $11.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,926,524
Participants with balances71
Active participants168
Employer contributions$29,669
Employee contributions$351,353
Employer contribution per active participant$177
Average account balance$41,219
Benefits paid to participants$183,155
Plan auditUnmodified (clean) audit opinion
AuditorBBD, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,197
Professional / advisory$2,925
Total administrative$25,122
The Finster Courier, Inc. dba Elite Express 401(k) match · 2022
Employer contribution per active participant$177
Median for plans this size$1,114

Finster Courier, Inc. dba Elite Express's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,122 · 0.79%
Similar plansTransportation & Warehousing · New Jersey
Gst Transport Corp. NJ$3.1M · 0.81%
All Season Movers, Inc. NJ$3.0M · 0.00%
Capacity LLC NJ$2.4M · 0.56%
Holcomb Enterprise NJ$2.3M · 0.90%
Etb Holdings, Inc. NJ$2.3M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232987918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.