Plan Ledger DOL Form 5500 · updated monthly

Goulet Trucking, Inc.401(k)

GOULET ENTERPRISES 401(K) PLAN · SOUTH DEERFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Goulet Trucking, Inc. reported $22,116 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,516 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 Massachusetts (2,558th of 2,726), and 2,078th of 2,677 in transportation & warehousing. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,217,984
Participants with balances50
Active participants100
Employer contributions$151,624
Employee contributions$253,211
Employer contribution per active participant$1,516
Average account balance$44,360
Benefits paid to participants$307,437
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$22,116
Total administrative$22,116
The Goulet Trucking, Inc. 401(k) match · 2022
Employer contribution per active participant$1,516
Median for plans this size$1,114

Goulet Trucking, Inc.'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$22,116 · 0.93%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Lax, LLC MA$3.0M · 0.46%
Mid-States Packaging, Inc MA$2.7M · 0.55%
Specialized Carrier, Inc. MA$2.5M · 0.82%
A Yankee Line, Inc. MA$1.8M · 0.01%
Bill's Taxi Service, Inc. MA$1.7M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042539144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.