Plan Ledger DOL Form 5500 · updated monthly

Medallion Operating Company, LLC401(k)

MEDALLION OPERATING COMPANY, LLC 401K PLAN · IRVING, TX · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Medallion Operating Company, LLC reported $40,246 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $7,162 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 has held roughly steady near 0.31%. 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 2,460th-largest of 5,688 plans among Texas employers on file, and the 920th of 2,677 in transportation & warehousing. In 2023, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,716,029
Participants with balances143
Active participants156
Employer contributions$1,117,349
Employee contributions$1,421,588
Employer contribution per active participant$7,162
Average account balance$102,909
Benefits paid to participants$1,802,517
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $78K emplr
2023$14.7M · 143 accts · $1.1M emplr
2022$11.6M · 147 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,246
Total administrative$40,246
The Medallion Operating Company, LLC 401(k) match · 2023
Employer contribution per active participant$7,162
Median for plans this size$2,440
2023$7,162 per active participant
2022$6,766 per active participant

Medallion Operating Company, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$40,246
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024The Standard
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Medallion Operating Company, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$40,246 · 0.31%
2022$36,508 · 0.32%
All plans at this employer2
MEDALLION OPERATING COMPANY, LLC 401K PLAN401(k)
MEDALLION 401(K) PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · Texas
Enstor Gas, LLC TX$15.6M · 0.11%
Nextdecade Lng, LLC TX$15.0M · 0.01%
Central Freight Lines Inc. TX$14.4M · 0.36%
Perimeter International TX$13.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454004852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.