Plan Ledger DOL Form 5500 · updated monthly

Mast Trucking, Inc. Retirement Plan401(k)

MAST TRUCKING, INC. RETIREMENT PLAN · MILLERSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Mast Trucking, Inc. Retirement Plan reported $40,895 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $368 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 0.99% to 0.93%. 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 Ohio (2,611th of 3,295), and 1,717th of 2,677 in transportation & warehousing. In 2024, employees put in $5.91 for every $1.00 the employer contributed; active participation has grown from 135 to 154 since 2022.

Plan summary
Net assets, end of year$4,500,837
Participants with balances159
Active participants154
Employer contributions$56,738
Employee contributions$335,350
Employer contribution per active participant$368
Average account balance$28,307
Benefits paid to participants$593,135
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 159 accts · $57K emplr
2023$4.3M · 193 accts · $122K emplr
2022$3.9M · 163 accts · $138K emplr
The Mast Trucking, Inc. Retirement Plan 401(k) match · 2024
Employer contribution per active participant$368
Median for plans this size$1,313
2024$368 per active participant
2023$790 per active participant
2022$1,020 per active participant

Mast Trucking, Inc. Retirement Plan's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$47,800
AMERICAN FUNDS · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp
BAIRD FUNDS · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
ROYCE FUNDS · Investment managementindirect comp
PRIMECAP ODYSSEY FUNDS · Investment managementindirect comp
FIDELITY FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$40,895 · 0.93%
2023$38,672 · 0.95%
2022$42,951 · 0.99%
Similar plansTransportation & Warehousing · Ohio
Faro Services, Inc. OH$5.1M · 0.26%
Taylor Logistics, Inc. OH$5.0M · 0.65%
W. L. Logan Trucking Co. OH$4.7M · 0.30%
Whitacre Logistics LLC OH$4.0M · 0.89%
Ted Ruck Company OH$3.9M · 0.71%
Dick Lavy Trucking, Inc OH$3.8M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341373437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.