Plan Ledger DOL Form 5500 · updated monthly

Lineage Logistics Holdings, LLC401(k)

LINEAGE LOGISTICS 401(K) PLAN · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Lineage Logistics Holdings, LLC reported $1,380,601 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,229 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 0.30%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 68th-largest of 2,619 plans among Michigan employers on file, and the 79th of 2,677 in transportation & warehousing. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$492,509,087
Participants with balances9,052
Active participants8,673
Employer contributions$19,327,885
Employee contributions$37,882,031
Employer contribution per active participant$2,229
Average account balance$54,409
Benefits paid to participants$53,131,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$492.5M · 9,052 accts · $19.3M emplr
2023$422.8M · 8,312 accts · $16.9M emplr
2022$289.2M · 7,043 accts · $15.2M emplr
The Lineage Logistics Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,229
Median for plans this size$4,294
2024$2,229 per active participant
2023$1,972 per active participant
2022$1,867 per active participant

Lineage Logistics Holdings, LLC's 2024 employer contribution ran below the $4,294 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 · 20245
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$1,171,304
VANGUARD ADVISERS INC. · Investment advisory (participants)$243,691
BAKER TILLY US LLP · Actuarial$50,220
SAGEVIEW ADVISORY GROUP LLC · Actuarial$40,000
PINNACLE PROMOTIONS · Participant communication$6,065

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$1,380,601 · 0.30%
2023$996,526 · 0.28%
2022$882,495 · 0.29%
All plans at this employer2
THE PREFERRED GROUP 401(K) RETIREMENT PLAN401(k)
LINEAGE LOGISTICS 401(K) PLAN401(k)
Similar plansTransportation & Warehousing · Michigan
Soo Line Railroad Company MN$536.5M · 0.21%
Onesky, LLC OH$502.3M · 0.12%
Carnival Corporation FL$500.6M · 0.08%
Cruise, LLC CA$489.2M · 0.00%
R&L Carriers, Inc. OH$472.4M · 0.12%
Schenker, Inc VA$464.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300707700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.