Plan Ledger DOL Form 5500 · updated monthly

Logistic Specialties, Inc.401(k)

LOGISTIC SPECIALTIES, INC. 401(K) PLAN · LAYTON, UT · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Logistic Specialties, Inc. reported $27,432 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,284 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (553rd of 848), and 1,448th of 2,677 in transportation & warehousing. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,535,327
Participants with balances140
Active participants108
Employer contributions$246,675
Employee contributions$557,746
Employer contribution per active participant$2,284
Average account balance$46,681
Benefits paid to participants$580,272
Plan auditUnmodified (clean) audit opinion
AuditorA+P CPAS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,144
Investment management$14,288
Total administrative$27,432
The Logistic Specialties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$1,313

Logistic Specialties, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$14,288
ADP, INC. · Loan processing · Recordkeeping$13,144
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2024$27,432 · 0.45%
Same employer
Similar plansTransportation & Warehousing · Utah
Alpine Aviation, Inc. UT$8.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870297794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.