Plan Ledger DOL Form 5500 · updated monthly

M & M Cartage, Inc.401(k)

M & M CARTAGE CO., INC. 401(K) RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

M & M Cartage, Inc. reported $78,376 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,080 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 0.80%. 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 Kentucky (457th of 871), and the 1,128th of 2,677 in transportation & warehousing. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,423,061
Participants with balances524
Active participants358
Employer contributions$386,633
Employee contributions$928,710
Employer contribution per active participant$1,080
Average account balance$19,891
Benefits paid to participants$1,189,719
Plan auditUnmodified (clean) audit opinion
AuditorKSM CPA'S & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 524 accts · $387K emplr
2023$9.1M · 500 accts · $354K emplr
2022$7.3M · 442 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,916
Investment management$23,460
Total administrative$78,376
The M & M Cartage, Inc. 401(k) match · 2024
Employer contribution per active participant$1,080
Median for plans this size$1,313
2024$1,080 per active participant
2023$978 per active participant
2022$936 per active participant

M & M Cartage, Inc.'s 2024 employer contribution ran below 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$54,916
MORGAN STANLEY GLOBAL · Investment advisory (plan)$23,460

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$78,376 · 0.80%
2023$66,178 · 0.81%
2022$64,649 · 0.77%
Same employer
Similar plansTransportation & Warehousing · Kentucky
P&L Transportation, Inc. KY$19.1M · 0.56%
Paschall Truck Lines, Inc KY$12.8M · 1.25%
Usher Transport, Inc. KY$7.6M · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610865101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.