Plan Ledger DOL Form 5500 · updated monthly

Igps Logistics LLC401(k)

IGPS LOGISTICS LLC 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Igps Logistics LLC reported $49,148 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $2,018 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 0.58% to 0.51%. 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 1,735th-largest of 3,644 plans among Florida employers on file, and the 1,126th of 2,677 in transportation & warehousing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 175 to 212 since 2022.

Plan summary
Net assets, end of year$10,460,831
Participants with balances269
Active participants212
Employer contributions$427,801
Employee contributions$1,009,551
Employer contribution per active participant$2,018
Average account balance$38,888
Benefits paid to participants$1,212,037
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 269 accts · $428K emplr
2023$8.7M · 283 accts · $371K emplr
2022$6.6M · 240 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,536
Investment management$20,612
Total administrative$49,148
The Igps Logistics LLC 401(k) match · 2024
Employer contribution per active participant$2,018
Median for plans this size$1,313
2024$2,018 per active participant
2023$1,922 per active participant
2022$2,110 per active participant

Igps Logistics LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$20,000
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$612

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$49,148 · 0.51%
2023$40,224 · 0.53%
2022$39,612 · 0.58%
Same employer
Similar plansTransportation & Warehousing · Florida
Bekins A-1 Movers, Inc FL$10.1M · 0.11%
Walpole, Inc. FL$9.7M · 0.64%
Western Global Airlines FL$9.6M · 1.26%
Sts Holdings, LLC FL$9.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462792335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.