Plan Ledger DOL Form 5500 · updated monthly

Kettering Transportation Services401(k)

KETTERING TRANSPORTATION SERVICES 401(K) PLAN · MIAMISBURG, OH · plan year 2022

Reported admin expense ratio · 2022
1.96%

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

Kettering Transportation Services reported $16,012 in plan administrative expenses for 2022: 1.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $429 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 rose from 1.96% to 3.02%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (3,170th of 3,295), and 2,319th of 2,677 in transportation & warehousing. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$924,271
Participants with balances113
Active participants259
Employer contributions$111,163
Employee contributions$192,141
Employer contribution per active participant$429
Average account balance$8,179
Benefits paid to participants$45,186
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8K · $8K emplr
2022$924K · 113 accts · $111K emplr
The Kettering Transportation Services 401(k) match · 2022
Employer contribution per active participant$429
Median for plans this size$331

Kettering Transportation Services's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$14,094 · 3.02%
2022$16,012 · 1.96%
Similar plansTransportation & Warehousing · Ohio
Big Blue Trucking, Inc. OH$1.4M · 0.14%
Target Trans-Logic, LLC OH$1.0M · 0.28%
Awl Transport, Inc. OH$562K · 0.64%
Model Logistics LLC OH$456K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842869764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.