Plan Ledger DOL Form 5500 · updated monthly

Logistics Plus401(k)

LOGISTICS PLUS 401(K) PROFIT SHARING PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Logistics Plus reported $124,538 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,554 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 0.96% to 0.74%. 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 1,578th-largest of 3,651 plans among Pennsylvania employers on file, and the 762nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 441 to 491 since 2022.

Plan summary
Net assets, end of year$19,266,669
Participants with balances521
Active participants491
Employer contributions$1,254,213
Employee contributions$2,463,480
Employer contribution per active participant$2,554
Average account balance$36,980
Benefits paid to participants$794,678
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVISBESAW & KERSHNER
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 521 accts · $1.3M emplr
2023$14.3M · 473 accts · $1.1M emplr
2022$9.9M · 441 accts · $892K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,538
Total administrative$124,538
The Logistics Plus 401(k) match · 2024
Employer contribution per active participant$2,554
Median for plans this size$2,416
2024$2,554 per active participant
2023$2,417 per active participant
2022$2,022 per active participant

Logistics Plus's 2024 employer contribution ran above the $2,416 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 · 20242
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (participants)$51,362

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$124,538 · 0.74%
2023$101,602 · 0.84%
2022$93,608 · 0.96%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Pgt Trucking, Inc. PA$21.3M · 0.28%
Pls Logistics Services PA$20.1M · 0.56%
Bridgeway Connects, Inc. PA$19.5M · 0.48%
Herman R Ewell Inc PA$17.9M · 0.61%
L. J. Associates, Inc. PA$17.8M · 0.33%
Crossett, Inc. PA$17.5M · 0.66%
Gate 1, LTD. PA$16.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161570188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.