Plan Ledger DOL Form 5500 · updated monthly

Great Plains Transport, Inc.401(k)

GREAT PLAINS TRANSPORT, INC. 401(K) PLAN · MAPLETON, ND · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Great Plains Transport, Inc. reported $2,580 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $823 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 North Dakota (271st of 279), and 2,294th of 2,677 in transportation & warehousing. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,115,058
Participants with balances85
Active participants140
Employer contributions$115,264
Employee contributions$194,764
Employer contribution per active participant$823
Average account balance$13,118
Benefits paid to participants$140,854
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & CO, PLLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,580
Total administrative$2,580
The Great Plains Transport, Inc. 401(k) match · 2022
Employer contribution per active participant$823
Median for plans this size$1,114

Great Plains Transport, Inc.'s 2022 employer contribution ran below 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$2,580 · 0.23%
Same employer
Similar plansTransportation & Warehousing · North Dakota
S & S Transport, Inc. ND$4.4M · 0.66%
Hofmann Trucking, LLC ND$2.7M · 0.06%
Kilam Inc CA$1.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450432398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.