Plan Ledger DOL Form 5500 · updated monthly

McCollister's Transportation Systems Inc401(k)

MCCOLLISTER'S TRANSPORTATION SYSTEMS, INC. 401(K) SAVINGS PLAN · BURLINGTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

McCollister's Transportation Systems Inc reported $21,315 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1 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 0.08% to 0.07%. 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 843rd-largest of 2,419 plans among New Jersey employers on file, and the 561st of 2,677 in transportation & warehousing. In 2024, employees put in $3559.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,377,229
Participants with balances745
Active participants413
Employer contributions$448
Employee contributions$1,594,729
Employer contribution per active participant$1
Average account balance$39,433
Benefits paid to participants$4,363,050
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 745 accts · $448 emplr
2023$28.0M · 777 accts · $204 emplr
2022$24.2M · 831 accts · $244K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,704
Investment management$6,611
Total administrative$21,315
The McCollister's Transportation Systems Inc 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416
2024$1 per active participant
2023$0 per active participant
2022$583 per active participant

McCollister's Transportation Systems Inc's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,704
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,611

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

Administrative cost history3
2024$21,315 · 0.07%
2023$22,950 · 0.09%
2022$23,367 · 0.08%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Dana Transport Inc. NJ$31.4M · 0.26%
Grocery Haulers, Inc. NJ$28.8M · 0.16%
Savino Del Bene USA, Inc. NJ$26.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223621494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.