Plan Ledger DOL Form 5500 · updated monthly

Logisteed America, Inc.401(k)

LOGISTEED AMERICA, INC. 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Logisteed America, Inc. reported $95,329 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $890 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 0.37% to 0.35%. 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 2,731st-largest of 9,483 plans among California employers on file, and the 567th of 2,677 in transportation & warehousing. In 2024, employees put in $5.89 for every $1.00 the employer contributed; active participation has grown from 241 to 302 since 2022.

Plan summary
Net assets, end of year$29,177,679
Participants with balances312
Active participants302
Employer contributions$268,635
Employee contributions$1,583,485
Employer contribution per active participant$890
Average account balance$93,518
Benefits paid to participants$1,372,266
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 312 accts · $269K emplr
2023$25.2M · 330 accts · $278K emplr
2022$17.2M · 269 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,743
Investment management$50,586
Total administrative$95,329
The Logisteed America, Inc. 401(k) match · 2024
Employer contribution per active participant$890
Median for plans this size$2,416
2024$890 per active participant
2023$964 per active participant
2022$912 per active participant

Logisteed America, 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 · 20243
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$50,586
ADP, INC. · Loan processing · Recordkeeping$44,742
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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Administrative cost history3
2024$95,329 · 0.35%
2023$81,290 · 0.38%
2022$72,060 · 0.37%
Same employer
Similar plansTransportation & Warehousing · California
Qantas Airways Limited CA$30.7M · 0.31%
Apex Maritime Co., Inc. CA$30.6M · 0.00%
Kaiserair, Inc. CA$28.6M · 0.19%
Matheson Trucking, Inc. CA$28.2M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953882433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.