Plan Ledger DOL Form 5500 · updated monthly

Model Logistics LLC401(k)

MODEL LOGISTICS LLC 401(K) PLAN · LOWELLVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Model Logistics LLC reported $1,494 in plan administrative expenses for 2024: 0.44% of average plan assets, lower than ~75% of peers. Employer contributions averaged $517 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (3,218th of 3,295), and 2,441st of 2,677 in transportation & warehousing. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$456,318
Participants with balances251
Active participants121
Employer contributions$62,499
Employee contributions$153,100
Employer contribution per active participant$517
Average account balance$1,818
Benefits paid to participants$14,098
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$1,494
Total administrative$1,494
The Model Logistics LLC 401(k) match · 2024
Employer contribution per active participant$517
Median for plans this size$540

Model Logistics LLC's 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$1,494 · 0.44%
Similar plansTransportation & Warehousing · Ohio
Awl Transport, Inc. OH$562K · 0.64%
Engineered Logistics LLC OH$403K · 6.22%
Ten Sixty Logistics LLC OH$295K · 0.58%
Ironside Logistics LLC OH$230K · 0.06%
DC1 Transport LLC OH$230K · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871647738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.