Plan Ledger DOL Form 5500 · updated monthly

Lineage Logistics Holdings, LLC401(k)

HANSON COLD STORAGE CO. EMPLOYEES' 401(K) RETIREMENT SAVINGS PLAN · NOVI, MI · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Lineage Logistics Holdings, LLC reported $17,854 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,431 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 0.17% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,684th of 2,619), and the 1,275th of 2,677 in transportation & warehousing. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,216,216
Participants with balances259
Active participants48
Employer contributions$68,674
Employee contributions$99,914
Employer contribution per active participant$1,431
Average account balance$31,723
Benefits paid to participants$2,560,251
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD NICHOLS
Plan history2
Yearassets · accounts · employer contribution
2023$4.0M · 92 accts · $71K emplr
2022$8.2M · 259 accts · $69K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,854
Total administrative$17,854
The Lineage Logistics Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$1,431
Median for plans this size$2,266
2023$1,582 per active participant
2022$1,431 per active participant

Lineage Logistics Holdings, LLC's 2022 employer contribution ran below the $2,266 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 history2
2023$17,798 · 0.29%
2022$17,854 · 0.17%
All plans at this employer2
HANSON COLD STORAGE CO. EMPLOYEES' 401(K) RETIREMENT SAVINGS PLAN401(k)
HANSON LOGISTICS EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansTransportation & Warehousing · Michigan
Altl, Inc. MI$8.9M · 0.19%
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Give Em a Brake Safety MI$7.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382826013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.