Plan Ledger DOL Form 5500 · updated monthly

Iwx Motor Freight, LLC401(k)

IWX 401(K) PLAN · SPRINGFIELD, MO · plan year 2023

Reported admin expense ratio · 2023
0.65%

Iwx Motor Freight, LLC reported $41,465 in plan administrative expenses for 2023: 0.65% 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 1 year on file its reported administrative ratio rose from 0.59% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Missouri (994th of 1,393), and 1,431st of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$6,704,397
Participants with balances138
Active participants325
Employer contributions—
Employee contributions$531,972
Employer contribution per active participant—
Average account balance$48,583
Benefits paid to participants$1,310,775
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT, ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.7M · 138 accts
2022$6.1M · 140 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,465
Total administrative$41,465
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE · Recordkeeping$26,046
RAYMOND JAMES FINANCIAL SRVCS · Consulting$41,395
BENEFIT PLANS PLUS · Contract administrator · Loan processing$12,545

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024Not separately reported
2023$41,465 · 0.65%
2022$43,268 · 0.59%
Similar plansTransportation & Warehousing · Missouri
Wilson Logistics, Inc. MO$8.7M · 0.25%
Opies Transport, Inc. MO$7.7M · 0.59%
Scarbrough Group, Inc. MO$7.6M · 0.62%
Artur Express Inc. MO$5.6M · 1.48%
Jet Midwest, Inc. MO$5.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921501126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.