Plan Ledger DOL Form 5500 · updated monthly

Mercer Transportation Co., Inc.401(k)

MERCER TRANSPORTATION CO., INC. EMPLOYEES 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Mercer Transportation Co., Inc. reported $64,969 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,141 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 0.40% to 0.43%. 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 359th-largest of 871 plans among Kentucky employers on file, and the 892nd of 2,677 in transportation & warehousing. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 258 to 284 since 2022.

Plan summary
Net assets, end of year$15,323,563
Participants with balances290
Active participants284
Employer contributions$323,941
Employee contributions$1,137,148
Employer contribution per active participant$1,141
Average account balance$52,840
Benefits paid to participants$2,893,591
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 290 accts · $324K emplr
2023$15.1M · 299 accts · $291K emplr
2022$13.7M · 292 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,498
Investment management$27,471
Total administrative$64,969
The Mercer Transportation Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,141
Median for plans this size$2,416
2024$1,141 per active participant
2023$1,125 per active participant
2022$1,287 per active participant

Mercer Transportation Co., 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$38,201
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$26,726
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$64,969 · 0.43%
2023$65,749 · 0.46%
2022$62,463 · 0.40%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Crounse Corporation KY$48.3M · 0.22%
Verst Group Logistics KY$39.9M · 0.41%
James Marine, Inc. KY$32.3M · 0.30%
P&L Transportation, Inc. KY$19.1M · 0.56%
Paschall Truck Lines, Inc KY$12.8M · 1.25%
M & M Cartage, Inc. KY$10.4M · 0.80%
Usher Transport, Inc. KY$7.6M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751555599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.