Plan Ledger DOL Form 5500 · updated monthly

Mid South Transport , Inc401(k)

MID SOUTH TRANSPORT INC. 401(K) PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Mid South Transport , Inc reported $1,892 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $604 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Tennessee (1,225th of 1,496), and 1,938th of 2,677 in transportation & warehousing. In 2022, employees put in $3.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,003,924
Participants with balances93
Active participants124
Employer contributions$74,932
Employee contributions$264,797
Employer contribution per active participant$604
Average account balance$32,300
Benefits paid to participants$320,380
Plan auditUnmodified (clean) audit opinion
AuditorDELBROCCO & ASSOCIATES, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,892
Total administrative$1,892
The Mid South Transport , Inc 401(k) match · 2022
Employer contribution per active participant$604
Median for plans this size$1,114

Mid South Transport , Inc's 2022 employer contribution ran below the $1,114 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$1,892 · 0.06%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Nationwide Express, Inc. TN$4.9M · 0.27%
Empire Express, Inc. TN$4.7M · 0.42%
Southerland, Inc. TN$2.8M · 0.79%
Wilson Air Center LLC TN$2.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621181371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.