Plan Ledger DOL Form 5500 · updated monthly

Mastery Logistics Systems, Inc.401(k)

MASTERY LOGISTICS SYSTEMS, INC. 401(K) PLAN · LAKE FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Mastery Logistics Systems, Inc. reported $303,222 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,141 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 0.42% to 0.99%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,156th-largest of 3,702 plans among Illinois employers on file, and the 479th of 2,677 in transportation & warehousing. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 547 to 490 since 2022.

Plan summary
Net assets, end of year$36,493,983
Participants with balances547
Active participants490
Employer contributions$2,519,105
Employee contributions$5,564,559
Employer contribution per active participant$5,141
Average account balance$66,717
Benefits paid to participants$1,451,371
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 547 accts · $2.5M emplr
2023$24.5M · 574 accts · $2.5M emplr
2022$12.8M · 554 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,330
Investment management$117,616
Total administrative$303,222
The Mastery Logistics Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$5,141
Median for plans this size$2,416
2024$5,141 per active participant
2023$4,707 per active participant
2022$3,567 per active participant

Mastery Logistics Systems, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$68,330
KESTRA ADVISORY SERVICES · Consulting · Insurance services$117,616

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$303,222 · 0.99%
2023$114,558 · 0.61%
2022$53,852 · 0.42%
Same employer
Similar plansTransportation & Warehousing · Illinois
Elliott Aviation, LLC. IL$39.2M · 0.35%
Upstaging, Inc. IL$37.1M · 0.12%
Fcs Industries, Inc. IL$37.0M · 0.14%
Export Packaging Co., Inc. IL$36.0M · 0.06%
United Facilities, Inc. IL$36.0M · 0.21%
Abercrombie & Kent USA, LLC IL$33.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831185597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.