Plan Ledger DOL Form 5500 · updated monthly

Ken Graham Trucking, Inc.401(k)

KEN GRAHAM TRUCKING, INC. 401(K) PLAN · BRIMLEY, MI · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Ken Graham Trucking, Inc. reported $4,204 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,573 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 fell from 0.12% to 0.07%. 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 Michigan (1,877th of 2,619), and 1,492nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,205,768
Participants with balances101
Active participants95
Employer contributions$149,475
Employee contributions$314,055
Employer contribution per active participant$1,573
Average account balance$61,443
Benefits paid to participants$302,531
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 101 accts · $149K emplr
2023$5.3M · 101 accts · $147K emplr
2022$4.5M · 101 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,950
Investment management$854
Total administrative$4,204
The Ken Graham Trucking, Inc. 401(k) match · 2024
Employer contribution per active participant$1,573
Median for plans this size$1,313
2024$1,573 per active participant
2023$1,564 per active participant
2022$1,609 per active participant

Ken Graham Trucking, 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 · 20242
KERBERROSE WEALTH MANAGEMENTindirect 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$4,204 · 0.07%
2023$4,740 · 0.10%
2022$5,602 · 0.12%
Similar plansTransportation & Warehousing · Michigan
Parker Motor Freight MI$6.5M · 0.29%
Indian Trails, Inc. MI$6.4M · 0.22%
Causley Trucking, Inc. MI$6.3M · 0.63%
B & B Trucking, Inc. MI$6.2M · 0.25%
Northern Logistics, Inc. MI$4.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382314349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.