Plan Ledger DOL Form 5500 · updated monthly

International-Matex Tank Terminals LLC401(k)

INTERNATIONAL-MATEX TANK TERMINALS RETIREMENT INVESTMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

International-Matex Tank Terminals LLC reported $196,806 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $5,180 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 0.12% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 67th-largest of 884 plans among Louisiana employers on file, and the 249th of 2,677 in transportation & warehousing. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,195,005
Participants with balances811
Active participants715
Employer contributions$3,703,668
Employee contributions$5,887,040
Employer contribution per active participant$5,180
Average account balance$118,613
Benefits paid to participants$7,492,400
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$96.2M · 811 accts · $3.7M emplr
2023$81.3M · 915 accts · $3.3M emplr
2022$71.1M · 931 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,567
Investment management$14,489
Audit (IQPA)$16,750
Total administrative$196,806
The International-Matex Tank Terminals LLC 401(k) match · 2024
Employer contribution per active participant$5,180
Median for plans this size$3,635
2024$5,180 per active participant
2023$4,546 per active participant
2022$3,771 per active participant

International-Matex Tank Terminals LLC's 2024 employer contribution ran above the $3,635 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 · 20244
AON INVESTMENTS USA INC · Investment advisory (plan) · Contract administrator$87,088
BOURGEOIS BENNETT LLC · Accounting / audit$16,750
EMPOWER ADVISORY GROUP, LLC · Investment management$14,489

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$196,806 · 0.22%
2023$179,339 · 0.24%
2022$100,562 · 0.12%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Metro Aviation, Inc. LA$151.8M · 0.30%
Loop LLC LA$102.9M · 0.08%
Canal Barge Company, Inc. LA$100.3M · 0.18%
Grand Isle Shipyard, LLC LA$86.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720771251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.