Plan Ledger DOL Form 5500 · updated monthly

James River Carriers LLC401(k)

JAMES RIVER CARRIERS 401(K) PLAN · NORTH CHESTERFIELD, VA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

James River Carriers LLC reported $8,953 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $988 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 1 year on file its reported administrative ratio fell from 2.55% to 0.76%. 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 Virginia (2,133rd of 2,266), and 2,224th of 2,677 in transportation & warehousing. In 2024, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,387,903
Participants with balances304
Active participants122
Employer contributions$120,478
Employee contributions$312,570
Employer contribution per active participant$988
Average account balance$4,565
Benefits paid to participants$211,013
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPAS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$1.4M · 304 accts · $120K emplr
2023$955K · 218 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,953
Total administrative$8,953
The James River Carriers LLC 401(k) match · 2024
Employer contribution per active participant$988
Median for plans this size$1,313
2024$988 per active participant
2023$1,084 per active participant

James River Carriers LLC'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.

Administrative cost history2
2024$8,953 · 0.76%
2023$20,066 · 2.55%
Same employer
Similar plansTransportation & Warehousing · Virginia
W&L Mail Service, Inc. VA$2.0M · 0.89%
Diakon Logistics VA$1.9M · 0.57%
Aoc Logistics, LLC VA$1.9M · 1.54%
Victory van Corporation VA$1.3M · 0.00%
Virginia Regional Transit VA$1.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824886269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.