Plan Ledger DOL Form 5500 · updated monthly

Guaranteed Transport Service, LLC401(k)

GUARANTEED TRANSPORT SERVICE, LLC 401(K) PLAN · WEST WARWICK, RI · plan year 2023

Reported admin expense ratio · 2023
0.90%

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

Guaranteed Transport Service, LLC reported $6,409 in plan administrative expenses for 2023: 0.90% of average plan assets, below the peer median. Employer contributions averaged $307 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 1 year on file its reported administrative ratio rose from 0.74% to 0.90%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Rhode Island (278th of 286), and 2,355th of 2,677 in transportation & warehousing. In 2023, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$756,329
Participants with balances73
Active participants118
Employer contributions$36,280
Employee contributions$113,701
Employer contribution per active participant$307
Average account balance$10,361
Benefits paid to participants$159,915
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$756K · 73 accts · $36K emplr
2022$660K · 122 accts · $17K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,669
Investment management$1,740
Total administrative$6,409
The Guaranteed Transport Service, LLC 401(k) match · 2023
Employer contribution per active participant$307
Median for plans this size$522
2023$307 per active participant
2022$267 per active participant

Guaranteed Transport Service, LLC's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,669
NFP RETIREMENT, INC. · Investment advisory (participants)$1,740

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

Administrative cost history2
2023$6,409 · 0.90%
2022$8,254 · 0.74%
Similar plansTransportation & Warehousing · Rhode Island
Arpin Moving, Inc. RI$5.2M · 0.34%
Dg Coleman Inc CO$766K · 0.60%
South Bay Cargo, LLC CA$764K · 0.47%
Transpro, Inc. CO$763K · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821145432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.