Plan Ledger DOL Form 5500 · updated monthly

Jt Logistics Solutions, LLC401(k)

JT LOGISTICS 401(K) RETIREMENT PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Jt Logistics Solutions, LLC reported $47,459 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,010 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 1.01% to 1.17%. 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 Iowa (726th of 878), and 1,740th of 2,677 in transportation & warehousing. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,333,048
Participants with balances235
Active participants319
Employer contributions$641,165
Employee contributions$808,099
Employer contribution per active participant$2,010
Average account balance$18,439
Benefits paid to participants$1,608,809
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 235 accts · $641K emplr
2023$3.8M · 201 accts · $488K emplr
2022$2.2M · 131 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,459
Total administrative$47,459
The Jt Logistics Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,010
Median for plans this size$1,313
2024$2,010 per active participant
2023$1,788 per active participant
2022$1,015 per active participant

Jt Logistics Solutions, LLC'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,459
PRINCIPAL SECURITIES INC · Other servicesindirect comp
QUALIFIED PLAN CONSULTANTS · Contract administrator · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · 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.

Administrative cost history3
2024$47,459 · 1.17%
2023$38,641 · 1.31%
2022$20,227 · 1.01%
Same employer
Similar plansTransportation & Warehousing · Iowa
Harrison Corporation IA$6.5M · 0.62%
General Logistics, Inc. IA$3.4M · 1.19%
Niece Trucking, Inc. IA$3.4M · 0.01%
Ben Shinn Trucking, Inc. IA$3.0M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 465403995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.