Plan Ledger DOL Form 5500 · updated monthly

Indian Trails, Inc.401(k)

INDIAN TRAILS, INC. 401(K) PLAN · OWOSSO, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Indian Trails, Inc. reported $13,000 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,085 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 rose from 0.08% to 0.22%. 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 among the smaller plans on file in Michigan (1,855th of 2,619), and 1,466th of 2,677 in transportation & warehousing. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has grown from 116 to 140 since 2022.

Plan summary
Net assets, end of year$6,381,323
Participants with balances122
Active participants140
Employer contributions$151,961
Employee contributions$420,227
Employer contribution per active participant$1,085
Average account balance$52,306
Benefits paid to participants$348,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 122 accts · $152K emplr
2023$5.5M · 103 accts · $116K emplr
2022$5.1M · 100 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,000
Total administrative$13,000
The Indian Trails, Inc. 401(k) match · 2024
Employer contribution per active participant$1,085
Median for plans this size$1,313
2024$1,085 per active participant
2023$912 per active participant
2022$959 per active participant

Indian Trails, Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,000

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$13,000 · 0.22%
2023$5,989 · 0.11%
2022$4,908 · 0.08%
Same employer
Similar plansTransportation & Warehousing · Michigan
Northgate MI$7.0M · 0.94%
Associates Resources LLC MI$6.7M · 0.88%
Parker Motor Freight MI$6.5M · 0.29%
Causley Trucking, Inc. MI$6.3M · 0.63%
B & B Trucking, Inc. MI$6.2M · 0.25%
Ken Graham Trucking, Inc. MI$6.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380901140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.