Plan Ledger DOL Form 5500 · updated monthly

Horizon Lines, LLC401(k)

HORIZON LINES CAPITAL SAVINGS PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Horizon Lines, LLC reported $10,058 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $172 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 0.122% to 0.115%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 616th-largest of 1,285 plans among Arizona employers on file, and the 1,204th of 2,677 in transportation & warehousing. In 2024, employees put in $15.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,233,276
Participants with balances115
Active participants261
Employer contributions$44,929
Employee contributions$685,501
Employer contribution per active participant$172
Average account balance$80,289
Benefits paid to participants$766,366
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 115 accts · $45K emplr
2023$8.3M · 112 accts · $43K emplr
2022$6.9M · 89 accts · $38K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,344
Investment management$5,714
Total administrative$10,058
The Horizon Lines, LLC 401(k) match · 2024
Employer contribution per active participant$172
Median for plans this size$1,313
2024$172 per active participant
2023$166 per active participant
2022$156 per active participant

Horizon Lines, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,714
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,344

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

Administrative cost history3
2024$10,058 · 0.12%
2023$6,305 · 0.08%
2022$9,223 · 0.12%
Similar plansTransportation & Warehousing · Arizona
Cutter Holding Company AZ$16.3M · 0.35%
Flexi-Van Leasing, LLC AZ$13.6M · 0.09%
Avair, LLC AZ$12.5M
Cti, Inc. AZ$8.9M · 0.54%
Pink Jeep Tours, LLC AZ$7.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562098440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.