Plan Ledger DOL Form 5500 · updated monthly

Liberty Lines Transit, Inc.401(k)

THE LIBERTY LINES 401(K) · YONKERS, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Liberty Lines Transit, Inc. reported $1,765 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.15% 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 1,539th-largest of 5,648 plans among New York employers on file, and the 424th of 2,677 in transportation & warehousing. active participation has grown from 682 to 764 since 2022.

Plan summary
Net assets, end of year$42,306,277
Participants with balances490
Active participants764
Employer contributions$0
Employee contributions$2,872,705
Employer contribution per active participant$0
Average account balance$86,339
Benefits paid to participants$3,561,202
Plan auditUnmodified (clean) audit opinion
AuditorPRAGER METIS CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 490 accts
2023$33.2M · 472 accts
2022$29.1M · 455 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,765
Total administrative$1,765
The Liberty Lines Transit, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Liberty Lines Transit, Inc.'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
JPMORGAN INVEST HOLDINGS LLC$1,765

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$1,765 · 0.00%
2023$8,038 · 0.03%
2022$47,831 · 0.15%
Similar plansTransportation & Warehousing · New York
Jp Express Service Inc. NY$59.2M · 0.00%
Port Liberty USA LLC NY$58.3M · 0.01%
Emirates USA NY$48.1M · 0.16%
Klm Royal Dutch Airlines NY$48.1M · 0.27%
Alclear, LLC NY$42.2M · 1.06%
Bollore Logistics USA Inc. NY$41.6M · 0.00%
Emo Trans, Inc. NY$41.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133096342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.