Plan Ledger DOL Form 5500 · updated monthly

Fleetmaster Express, Inc.401(k)

FLEETMASTER/ENGLANDER 401(K) PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Fleetmaster Express, Inc. reported $14,659 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $664 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 2 years on file its reported administrative ratio rose from 0.21% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,814th of 2,266), and 1,607th of 2,677 in transportation & warehousing. In 2024, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,180,200
Participants with balances320
Active participants247
Employer contributions$163,941
Employee contributions$547,311
Employer contribution per active participant$664
Average account balance$16,188
Benefits paid to participants$1,136,113
Plan auditUnmodified (clean) audit opinion
AuditorFOTI FLYNN LOWEN & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 320 accts · $164K emplr
2023$5.0M · 327 accts · $182K emplr
2022$4.4M · 301 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,659
Total administrative$14,659
The Fleetmaster Express, Inc. 401(k) match · 2024
Employer contribution per active participant$664
Median for plans this size$1,313
2024$664 per active participant
2023$704 per active participant
2022$700 per active participant

Fleetmaster Express, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$14,659
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,659 · 0.29%
2023$11,798 · 0.25%
2022$10,165 · 0.21%
Same employer
Similar plansTransportation & Warehousing · Virginia
Thompson Trucking, Inc. VA$5.1M · 1.01%
Faneuil, Inc. VA$5.1M · 0.83%
A&A Transfer, LLC VA$3.8M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541431601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.