Plan Ledger DOL Form 5500 · updated monthly

Matheson Trucking, Inc.401(k)

MATHESON TRUCKING, INC. 401(K) PLAN · SACRAMENTO, CA · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

Matheson Trucking, Inc. reported $283,840 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,164 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 1 year on file its reported administrative ratio rose from 0.77% to 1.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,813th-largest of 9,483 plans among California employers on file, and the 587th of 2,677 in transportation & warehousing. In 2023, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,206,267
Participants with balances4,306
Active participants1,035
Employer contributions$1,205,175
Employee contributions$5,701,359
Employer contribution per active participant$1,164
Average account balance$6,550
Benefits paid to participants$10,382,960
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$28.2M · 4,306 accts · $1.2M emplr
2022$27.6M · 4,653 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$270,840
Audit (IQPA)$13,000
Total administrative$283,840
The Matheson Trucking, Inc. 401(k) match · 2023
Employer contribution per active participant$1,164
Median for plans this size$2,440
2023$1,164 per active participant
2022$480 per active participant

Matheson Trucking, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$270,840
CAMPBELL TAYLOR WASHBURN · Accounting / audit$13,000

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

Administrative cost history2
2023$283,840 · 1.02%
2022$228,272 · 0.77%
Similar plansTransportation & Warehousing · California
Qantas Airways Limited CA$30.7M · 0.31%
Apex Maritime Co., Inc. CA$30.6M · 0.00%
Logisteed America, Inc. CA$29.2M · 0.35%
Kaiserair, Inc. CA$28.6M · 0.19%
Corovan Corporation CA$26.0M · 0.14%
Mnx Global Logistics Corp. CA$25.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941578272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.