Plan Ledger DOL Form 5500 · updated monthly

Marquette Transportation Company, LLC401(k)

MARQUETTE TRANSPORTATION COMPANY 401(K) PLAN · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Marquette Transportation Company, LLC reported $269,044 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,060 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 rose from 0.26% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 89th-largest of 871 plans among Kentucky employers on file, and the 251st of 2,677 in transportation & warehousing. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has grown from 1,244 to 1,390 since 2022.

Plan summary
Net assets, end of year$94,001,411
Participants with balances1,505
Active participants1,390
Employer contributions$2,863,815
Employee contributions$8,023,444
Employer contribution per active participant$2,060
Average account balance$62,459
Benefits paid to participants$8,865,658
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$94.0M · 1,505 accts · $2.9M emplr
2023$80.6M · 1,479 accts · $2.7M emplr
2022$66.5M · 1,347 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,211
Investment management$81,833
Total administrative$269,044
The Marquette Transportation Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,060
Median for plans this size$3,635
2024$2,060 per active participant
2023$1,903 per active participant
2022$1,927 per active participant

Marquette Transportation Company, LLC's 2024 employer contribution ran below the $3,635 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$26,503

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$269,044 · 0.31%
2023$233,500 · 0.32%
2022$192,157 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Crounse Corporation KY$48.3M · 0.22%
Verst Group Logistics KY$39.9M · 0.41%
James Marine, Inc. KY$32.3M · 0.30%
P&L Transportation, Inc. KY$19.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208602645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.