Plan Ledger DOL Form 5500 · updated monthly

MD Logistics LLC401(k)

MD LOGISTICS LLC 401K PLAN · PLAINFIELD, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

MD Logistics LLC reported $5,753 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,760 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 0.03% to 0.07%. 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 Indiana (935th of 1,562), and the 1,222nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 230 to 292 since 2022.

Plan summary
Net assets, end of year$8,993,165
Participants with balances312
Active participants292
Employer contributions$513,981
Employee contributions$641,720
Employer contribution per active participant$1,760
Average account balance$28,824
Benefits paid to participants$1,424,536
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER & MILLER,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 312 accts · $514K emplr
2023$8.2M · 262 accts · $407K emplr
2022$7.2M · 234 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,753
Total administrative$5,753
The MD Logistics LLC 401(k) match · 2024
Employer contribution per active participant$1,760
Median for plans this size$1,313
2024$1,760 per active participant
2023$1,660 per active participant
2022$1,582 per active participant

MD Logistics LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$8,753
ONEDIGITAL INVESTMENT ADVSRS · Consultingindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$5,753 · 0.07%
2023$2,543 · 0.03%
2022$2,267 · 0.03%
Same employer
Similar plansTransportation & Warehousing · Indiana
Fraley & Schilling, Inc. IN$10.7M · 0.69%
Comlux America, LLC IN$9.7M · 0.47%
AG Trucking, Inc. IN$9.0M · 1.11%
Days LLC dba Eq United IN$7.6M · 0.47%
Online Transport, Inc. IN$7.6M · 0.68%
Office Three Sixty, Inc. IN$7.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351975030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.