Plan Ledger DOL Form 5500 · updated monthly

Midwest Transport, Inc.401(k)

MIDWEST TRANSPORT, INC. EMPLOYEES SAVINGS TRUST · ROBINSON, IL · plan year 2022

Reported admin expense ratio · 2022
1.16%

Midwest Transport, Inc. reported $111,384 in plan administrative expenses for 2022: 1.16% of average plan assets, higher than ~90% of peers. 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 1.16% to 2.43%. 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 Illinois (2,580th of 3,702), and the 1,279th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$8,163,239
Participants with balances1,422
Active participants804
Employer contributions—
Employee contributions$768,455
Employer contribution per active participant—
Average account balance$5,741
Benefits paid to participants$1,821,616
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 964 accts
2023$7.9M · 1,341 accts
2022$8.2M · 1,422 accts
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.

Recordkeeper by year2
2024ADP, CETERA INVESTMENT ADVISERS LLC, KEMPER CPA GROUP, LLP
2023ADP, CETERA INVESTMENT ADVISERS LLC

This plan has changed recordkeepers within these filings. If you left Midwest Transport, Inc. 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
2024$134,891 · 2.43%
2023$96,970 · 1.21%
2022$111,384 · 1.16%
Same employer
Similar plansTransportation & Warehousing · Illinois
Federal Warehouse Company IL$9.2M · 0.45%
Pacific Harbor Line, Inc. IL$8.3M · 0.29%
Richard McNay, Inc. IL$8.3M · 0.45%
Loadsmart, Inc. IL$8.1M · 0.36%
Rjw Logistics, Inc. IL$8.0M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710930845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.