Plan Ledger DOL Form 5500 · updated monthly

McIlwain Charters, Inc.401(k)

MCILWAIN CHARTERS, INC. · JOHNSTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

McIlwain Charters, Inc. reported $310 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $158 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Pennsylvania (3,601st of 3,651), and 2,525th of 2,677 in transportation & warehousing. In 2022, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$283,424
Participants with balances15
Active participants321
Employer contributions$50,663
Employee contributions$72,693
Employer contribution per active participant$158
Average account balance$18,895
Benefits paid to participants$18,298
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN & CO., PC
Administrative expenses, itemized · 2022
Professional / advisory$310
Total administrative$310
The McIlwain Charters, Inc. 401(k) match · 2022
Employer contribution per active participant$158
Median for plans this size$331

McIlwain Charters, Inc.'s 2022 employer contribution ran below the $331 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$310 · 0.12%
Similar plansTransportation & Warehousing · Pennsylvania
Patel Logistics Inc. PA$343K · 0.48%
Leading Logistics LLC PA$296K · 0.47%
Outlaw Logistics LLC PA$100K · 0.23%
Hammer Logistics, LLC PA$75K · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251458964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.