Plan Ledger DOL Form 5500 · updated monthly

Midwest Warehouse & Distribution System, LLC401(k)

MIDWEST & BEDFORD 401K PROFIT SHARING PLAN AND TRUST · WOODRIDGE, IL · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

Midwest Warehouse & Distribution System, LLC reported $60,859 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. Employer contributions averaged $0 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 Illinois (2,835th of 3,702), and 1,506th of 2,677 in transportation & warehousing. In 2022, employees put in $5136.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,987,031
Participants with balances135
Active participants193
Employer contributions$88
Employee contributions$451,997
Employer contribution per active participant$0
Average account balance$44,348
Benefits paid to participants$3,913,988
Plan auditUnmodified (clean) audit opinion
AuditorKOLNICKI, PETERSON & WIRTH, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $331 emplr
2022$6.0M · 135 accts · $88 emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$48,875
Investment management$270
Professional / advisory$11,714
Total administrative$60,859
The Midwest Warehouse & Distribution System, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Midwest Warehouse & Distribution System, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$60,859 · 0.70%
Similar plansTransportation & Warehousing · Illinois
McLeod Express, LLC IL$7.4M · 0.64%
Avenue Logistics, LLC IL$7.0M · 0.60%
Nots Logistics, L.L.C. IL$6.2M · 1.81%
Cox Transfer, Inc. IL$5.9M · 0.42%
Compass Management, LLC IL$5.9M · 1.39%
Molo Solutions, LLC IL$5.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363157121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.