Plan Ledger DOL Form 5500 · updated monthly

Kimrad Transport, LP401(k)

KIMRAD TRANSPORT 401(K) PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Kimrad Transport, LP reported $42,672 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,931 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 0.39% to 0.68%. 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 Texas (3,670th of 5,688), and 1,429th of 2,677 in transportation & warehousing. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,706,659
Participants with balances176
Active participants163
Employer contributions$314,675
Employee contributions$764,326
Employer contribution per active participant$1,931
Average account balance$38,106
Benefits paid to participants$841,715
Plan auditUnmodified (clean) audit opinion
AuditorSMDW CPA
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 176 accts · $315K emplr
2023$5.9M · 162 accts · $293K emplr
2022$4.7M · 141 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,544
Audit (IQPA)$17,128
Total administrative$42,672
The Kimrad Transport, LP 401(k) match · 2024
Employer contribution per active participant$1,931
Median for plans this size$1,313
2024$1,931 per active participant
2023$1,832 per active participant
2022$1,634 per active participant

Kimrad Transport, LP'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$107,631
STEWART MARTIN DUDLEY WEBB, PC · Accounting / audit$17,128

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,672 · 0.68%
2023$20,523 · 0.39%
2022$19,158 · 0.39%
Same employer
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Hope Leasing TX$7.3M · 0.81%
Able Holdings LLC TX$7.2M · 0.12%
Modern Aviation, Inc. TX$7.0M · 1.08%
Business Jet Center, LTD. TX$6.9M · 0.62%
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Bbenefits, LLC TX$6.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201997383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.