Plan Ledger DOL Form 5500 · updated monthly

Lily Transportation Corp.401(k)

LILY TRANSPORTATION CORP. 401(K) PROFIT SHARING PLAN · NEEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lily Transportation Corp. reported $69,571 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $883 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. 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 978th-largest of 2,726 plans among Massachusetts employers on file, and the 537th of 2,677 in transportation & warehousing. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,148,829
Participants with balances686
Active participants1,337
Employer contributions$1,180,082
Employee contributions$3,858,432
Employer contribution per active participant$883
Average account balance$45,406
Benefits paid to participants$4,409,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.1M · 686 accts · $1.2M emplr
2023$26.4M · 674 accts · $1.1M emplr
2022$21.4M · 599 accts · $929K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,018
Investment management$63,553
Total administrative$69,571
The Lily Transportation Corp. 401(k) match · 2024
Employer contribution per active participant$883
Median for plans this size$2,416
2024$883 per active participant
2023$839 per active participant
2022$759 per active participant

Lily Transportation Corp.'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 · 20243
COMPASS ADVISORY GROUP, LLC · Investment advisory (plan)$34,883
WILLIAM BLAIR & CO. · Investment advisory (plan)$30,593
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,118

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$69,571 · 0.24%
2023$61,945 · 0.26%
2022$57,019 · 0.25%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Cape Air/Nantucket Airlines MA$34.9M · 0.24%
Tri State Truck Center, LLC MA$32.7M · 0.29%
Enstructure LLC MA$30.6M · 0.06%
N.R.F. Distributors, Inc. MA$22.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042783881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.