Plan Ledger DOL Form 5500 · updated monthly

Klink Trucking, LLC401(k)

KLINK TRUCKING, LLC 401(K) PLAN & TRUST · ASHLEY, IN · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Klink Trucking, LLC reported $35,416 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $173 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 0.78% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Indiana (1,159th of 1,562), and 1,601st of 2,677 in transportation & warehousing. In 2023, employees put in $17.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,245,653
Participants with balances122
Active participants144
Employer contributions$24,971
Employee contributions$432,715
Employer contribution per active participant$173
Average account balance$42,997
Benefits paid to participants$462,270
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 123 accts · $25K emplr
2023$5.2M · 122 accts · $25K emplr
2022$4.6M · 122 accts · $24K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,200
Investment management$16,216
Total administrative$35,416
The Klink Trucking, LLC 401(k) match · 2023
Employer contribution per active participant$173
Median for plans this size$1,308
2024$178 per active participant
2023$173 per active participant
2022$184 per active participant

Klink Trucking, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$14,230
PREMIER BANK · Investment advisory (plan)$1,986

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$51,363 · 1.00%
2023$35,416 · 0.72%
2022$38,294 · 0.78%
Same employer
Similar plansTransportation & Warehousing · Indiana
Crum Trucking Inc IN$5.7M · 0.07%
Central Trucking Inc. IN$5.4M · 0.03%
Vectra Integration, Inc. IN$4.9M · 1.16%
Qcf/I, Inc. IN$4.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351443475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.