Plan Ledger DOL Form 5500 · updated monthly

Keolis401(k)

KEOLIS AMERICA, INC. 401(K) SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Keolis reported $463,930 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $857 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 0.19% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 188th-largest of 2,726 plans among Massachusetts employers on file, and the 121st of 2,677 in transportation & warehousing. In 2024, employees put in $5.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$280,936,425
Participants with balances3,858
Active participants5,252
Employer contributions$4,502,806
Employee contributions$23,297,212
Employer contribution per active participant$857
Average account balance$72,819
Benefits paid to participants$33,588,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$280.9M · 3,858 accts · $4.5M emplr
2023$249.3M · 3,513 accts · $3.6M emplr
2022$215.7M · 3,597 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$263,034
Total administrative$463,930
The Keolis 401(k) match · 2024
Employer contribution per active participant$857
Median for plans this size$4,294
2024$857 per active participant
2023$769 per active participant
2022$724 per active participant

Keolis's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$262,434
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan) · Investment management$105,484
CARON & BLETZER, PLLC · Other services$32,800

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$463,930 · 0.18%
2023$433,396 · 0.19%
2022$431,064 · 0.19%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Nfi Industries, Inc. NJ$299.3M · 0.22%
Moran Towing Corporation CT$296.0M · 0.03%
A. Duie Pyle, Incorporated PA$292.1M · 0.14%
Endeavor Air, Inc. GA$282.6M · 0.05%
Total Quality Logistics, LLC OH$280.1M · 0.17%
Abx Air, Inc. OH$279.9M · 0.13%
Kenan Advantage Group, Inc. OH$277.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261413441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.