Plan Ledger DOL Form 5500 · updated monthly

Lake Champlain Transportation Co.401(k)

LAKE CHAMPLAIN TRANSPORTATION CO. 401(K) SAVINGS PLAN · BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Lake Champlain Transportation Co. reported $494 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $802 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 0.04% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 110th-largest of 230 plans among Vermont employers on file, and the 831st of 2,677 in transportation & warehousing. In 2024, employees put in $4.81 for every $1.00 the employer contributed; active participation has grown from 126 to 144 since 2022.

Plan summary
Net assets, end of year$17,049,998
Participants with balances121
Active participants144
Employer contributions$115,445
Employee contributions$555,403
Employer contribution per active participant$802
Average account balance$140,909
Benefits paid to participants$3,457,817
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 121 accts · $115K emplr
2023$16.5M · 123 accts · $118K emplr
2022$16.0M · 138 accts · $112K emplr
Administrative expenses, itemized · 2024
Investment management$865
Total administrative$494
The Lake Champlain Transportation Co. 401(k) match · 2024
Employer contribution per active participant$802
Median for plans this size$2,416
2024$802 per active participant
2023$952 per active participant
2022$885 per active participant

Lake Champlain Transportation Co.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$494 · 0.00%
2023$866 · 0.01%
2022$6,824 · 0.04%
Same employer
Similar plansTransportation & Warehousing · Vermont
Motivate LLC NY$17.1M · 0.63%
Cheeseman LLC OH$17.1M · 0.05%
Qatar Airways Qcsc NY$17.1M · 0.07%
Footprint Acquisition LLC IL$17.0M · 0.01%
Osterkamp Trucking Inc. CA$17.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030259960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.