Plan Ledger DOL Form 5500 · updated monthly

Geodis Sco USA, LLC401(k)

GEODIS SCO 401(K) PROFIT SHARING PLAN · POUGHKEEPSIE, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Geodis Sco USA, LLC reported $28,763 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,114 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 fell from 0.43% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in New York (3,440th of 5,648), and the 416th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has shrunk from 125 to 111 since 2022.

Plan summary
Net assets, end of year$11,249,976
Participants with balances236
Active participants111
Employer contributions$345,684
Employee contributions$600,494
Employer contribution per active participant$3,114
Average account balance$47,669
Benefits paid to participants$1,657,205
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 236 accts · $346K emplr
2023$10.5M · 244 accts · $382K emplr
2022$8.8M · 178 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,068
Investment management$12,695
Total administrative$28,763
The Geodis Sco USA, LLC 401(k) match · 2024
Employer contribution per active participant$3,114
Median for plans this size$2,416
2024$3,114 per active participant
2023$2,261 per active participant
2022$2,098 per active participant

Geodis Sco USA, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
NATIONWIDE · Recordkeeping · Loan processing$8,496
MML INVESTORS SERVICES, LLC · Investment advisory (participants)$35,000
DELAWARE VALLEY RETIREMENT, INC. · Loan processing$7,572

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$28,763 · 0.26%
2023$68,102 · 0.71%
2022$41,705 · 0.43%
Same employer
Similar plansAgriculture, Forestry & Fishing · New York
Newstead Farms, Inc. NY$16.4M · 0.39%
Torrey Farms, Inc. NY$16.3M · 0.31%
Marquee Brands, LLC NY$13.4M · 0.03%
Giroux's Poultry Farm, Inc. NY$13.2M · 0.73%
Terrascend USA, Inc. NY$10.7M · 0.21%
Intermix Holdco, LLC NY$9.3M · 0.30%
Checkout, LLC NY$8.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363135821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.