Plan Ledger DOL Form 5500 · updated monthly

J.D. Raymond Transport, Inc.401(k)

J.D. RAYMOND TRANSPORT, INC. 401(K) PLAN · DOVER-FOXCROFT, ME · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

J.D. Raymond Transport, Inc. reported $22,126 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,524 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 0.47% to 0.53%. 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 Maine (293rd of 354), and 1,743rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 120 to 147 since 2022.

Plan summary
Net assets, end of year$4,293,698
Participants with balances117
Active participants147
Employer contributions$224,073
Employee contributions$363,484
Employer contribution per active participant$1,524
Average account balance$36,698
Benefits paid to participants$958,746
Plan auditUnmodified (clean) audit opinion
AuditorHAVERLOCK, ESTEY & CURRAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 117 accts · $224K emplr
2023$4.1M · 124 accts · $222K emplr
2022$3.2M · 120 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,126
Total administrative$22,126
The J.D. Raymond Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$1,524
Median for plans this size$1,313
2024$1,524 per active participant
2023$1,480 per active participant
2022$1,650 per active participant

J.D. Raymond Transport, Inc.'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
NATIONWIDE · Recordkeeping$12,110
THE PENSION SERVICE, INC · Contract administrator$3,887
AMERIPRISE FINANCIAL SERVICES · Investment advisory (plan)indirect comp

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

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

Administrative cost history3
2024$22,126 · 0.53%
2023$13,283 · 0.36%
2022$15,654 · 0.47%
Similar plansTransportation & Warehousing · Maine
Nepw Logistics Inc. ME$6.7M · 0.71%
Hamilton Marine, Inc. ME$5.0M · 0.06%
Maine Aviation Corp. ME$3.8M · 0.49%
Kennebec Lumber Company ME$3.1M · 0.78%
John T. Cyr & Sons, Inc. ME$1.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010531844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.