Plan Ledger DOL Form 5500 · updated monthly

Laredo Transit Management, Inc.401(k)

LAREDO TRANSIT MANAGEMENT, INC. RETIREMENT PLAN · LAREDO, TX · plan year 2022

Reported admin expense ratio · 2022
0.53%

Laredo Transit Management, Inc. reported $10,536 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,989th of 5,688), and 2,149th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,807,210
Participants with balances75
Active participants177
Employer contributions—
Employee contributions$116,080
Employer contribution per active participant—
Average account balance$24,096
Benefits paid to participants$96,951
Plan auditQualified audit opinion
AuditorJORGE MARTINEZ
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,536
Total administrative$10,536
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 history1
2022$10,536 · 0.53%
Similar plansTransportation & Warehousing · Texas
Dgm Services, Inc. TX$2.0M · 1.22%
Dropoff, Inc. TX$1.8M · 0.45%
K.L. Breeden & Sons, LLC TX$1.7M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020668666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.