Plan Ledger DOL Form 5500 · updated monthly

Market Express, LLC401(k)

MARKET EXPRESS, LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Market Express, LLC reported $33,161 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,005 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 1.14% to 0.58%. 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 Oregon (709th of 1,021), and 1,505th of 2,677 in transportation & warehousing. In 2024, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,989,779
Participants with balances540
Active participants357
Employer contributions$358,742
Employee contributions$1,064,058
Employer contribution per active participant$1,005
Average account balance$11,092
Benefits paid to participants$1,457,926
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 540 accts · $359K emplr
2023$5.4M · 212 accts · $278K emplr
2022$4.1M · 231 accts · $318K emplr
Administrative expenses, itemized · 2024
Investment management$4,631
Trustee / custodial$430
Total administrative$33,161
The Market Express, LLC 401(k) match · 2024
Employer contribution per active participant$1,005
Median for plans this size$1,313
2024$1,005 per active participant
2023$744 per active participant
2022$802 per active participant

Market Express, LLC'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.

Administrative cost history3
2024$33,161 · 0.58%
2023$61,125 · 1.29%
2022$44,576 · 1.14%
Same employer
Similar plansTransportation & Warehousing · Oregon
Tire Factory, Inc. OR$8.1M · 0.33%
A & M Transport, LLC OR$6.2M · 0.77%
Sutton Trucking LLC OR$6.0M · 0.54%
Western Heavy Haul, Inc. OR$4.7M · 0.81%
Sherman Bros. Inc. OR$3.5M · 0.66%
Blue Ocean Inc OR$3.4M · 0.60%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364833221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.