Plan Ledger DOL Form 5500 · updated monthly

International Bonded Couriers, Inc.401(k)

INTERNATIONAL BONDED COURIERS, INC. TAX SHELTERED PLAN · JAMAICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.44%

International Bonded Couriers, Inc. reported $50,861 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (3,266th of 5,648), and the 1,014th of 2,677 in transportation & warehousing. active participation has grown from 267 to 313 since 2022.

Plan summary
Net assets, end of year$12,428,686
Participants with balances339
Active participants313
Employer contributions—
Employee contributions$901,578
Employer contribution per active participant—
Average account balance$36,663
Benefits paid to participants$1,148,053
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 339 accts
2023$10.9M · 303 accts
2022$9.2M · 313 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,861
Total administrative$50,861
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
MORGAN STANLEY SMITH BARNEY LLC · Recordkeeping · Trustee$33,494
ADP, INC · Recordkeeping · Loan processing$17,367

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,861 · 0.44%
2023$44,680 · 0.44%
2022$42,492 · 0.43%
Same employer
Similar plansTransportation & Warehousing · New York
Teals Express Inc NY$14.8M · 0.10%
Albatrans, Inc. NY$12.5M · 0.29%
Transfix NY$11.8M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592166793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.