Plan Ledger DOL Form 5500 · updated monthly

Jear Logistics, LLC401(k)

JEAR LOGISTICS, LLC 401(K) PLAN · MT PLEASANT, SC · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Jear Logistics, LLC reported $41,203 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,528 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 0.35% to 0.42%. 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 South Carolina (408th of 807), and the 1,102nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,885,898
Participants with balances276
Active participants241
Employer contributions$609,304
Employee contributions$1,118,668
Employer contribution per active participant$2,528
Average account balance$39,442
Benefits paid to participants$671,577
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $117K emplr
2024$10.9M · 276 accts · $609K emplr
2023$8.7M · 272 accts · $561K emplr
2022$6.5M · 258 accts · $474K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,203
Total administrative$41,203
The Jear Logistics, LLC 401(k) match · 2024
Employer contribution per active participant$2,528
Median for plans this size$1,313
2024$2,528 per active participant
2023$2,367 per active participant
2022$2,068 per active participant

Jear Logistics, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$41,203
POWERS BENEFITS CORP · Contract administrator · Other servicesindirect comp

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

Administrative cost history4
2025Not separately reported
2024$41,203 · 0.42%
2023$33,107 · 0.44%
2022$22,174 · 0.35%
Same employer
Similar plansTransportation & Warehousing · South Carolina
Stevens Towing Co., Inc. SC$11.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 142013394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.