Plan Ledger DOL Form 5500 · updated monthly

Martin Transportation Systems, Inc401(k)

TRANSPORTATION AND LOGISTICS 401(K) PLAN · BYRON CENTER, MI · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Martin Transportation Systems, Inc reported $13,789 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $462 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 fell from 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 795th-largest of 2,619 plans among Michigan employers on file, and the 563rd of 2,677 in transportation & warehousing. In 2025, employees put in $3.87 for every $1.00 the employer contributed; active participation has shrunk from 1,368 to 1,209 since 2022.

Plan summary
Net assets, end of year$29,365,618
Participants with balances527
Active participants1,209
Employer contributions$558,508
Employee contributions$2,163,103
Employer contribution per active participant$462
Average account balance$55,722
Benefits paid to participants$3,996,147
Plan auditUnmodified (clean) audit opinion
AuditorD.K. WEISS, HOLT & ASSOCIATES, PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$29.4M · 527 accts · $559K emplr
2024$25.8M · 534 accts · $551K emplr
2023$22.4M · 527 accts · $540K emplr
2022$18.7M · 571 accts · $538K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$13,789
Total administrative$13,789
The Martin Transportation Systems, Inc 401(k) match · 2025
Employer contribution per active participant$462
Median for plans this size$2,666
2025$462 per active participant
2024$456 per active participant
2023$426 per active participant
2022$393 per active participant

Martin Transportation Systems, Inc's 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$13,789

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

Administrative cost history4
2025$13,789 · 0.05%
2024$12,576 · 0.05%
2023$13,943 · 0.07%
2022$11,310 · 0.06%
Same employer
Similar plansTransportation & Warehousing · Michigan
Dt Midstream, Inc. MI$40.9M · 0.10%
Lewis C Howard, Inc. MI$30.9M · 0.01%
Pentastar Aviation, LLC MI$26.9M · 0.36%
Vesco Oil Corporation MI$21.7M · 0.11%
Heligroup Holdings, Inc. MI$19.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382842208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.