Plan Ledger DOL Form 5500 · updated monthly

Miller Transportation, Inc.401(k)

MILLER TRANSPORTATION 401(K) PLAN AND TRUST · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Miller Transportation, Inc. reported $45,994 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $497 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 3 years on file its reported administrative ratio has held roughly steady near 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Kentucky (565th of 871), and 1,372nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,295,277
Participants with balances166
Active participants530
Employer contributions$263,648
Employee contributions$554,592
Employer contribution per active participant$497
Average account balance$43,947
Benefits paid to participants$733,158
Plan auditUnmodified (clean) audit opinion
AuditorANGLIN REICHMANN ARMSTRONG, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 166 accts · $264K emplr
2023$6.0M · 192 accts · $273K emplr
2022$4.6M · 200 accts · $265K emplr
Administrative expenses, itemized · 2024
Investment management$45,994
Total administrative$45,994
The Miller Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$497
Median for plans this size$1,313
2024$497 per active participant
2023$519 per active participant
2022$477 per active participant

Miller Transportation, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
WELLINGTON CONSULTING SERVICES, INC · Investment advisory (participants) · Investment advisory (plan)$45,994
CHARLES SCHWAB AND COMPANY · Securities brokerage$2,100

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$45,994 · 0.69%
2023$36,629 · 0.69%
2022$33,947 · 0.70%
Same employer
Similar plansTransportation & Warehousing · Kentucky
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%
Valiant Management, LLC KY$4.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610922062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.