Plan Ledger DOL Form 5500 · updated monthly

Mohawk Global Logistics401(k)

MOHAWK GLOBAL LOGISTICS 401(K) PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Mohawk Global Logistics reported $76,561 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $353 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 4 years on file its reported administrative ratio rose from 0.21% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,445th-largest of 5,648 plans among New York employers on file, and the 5,334th of 11,654 in professional & technical services. In 2024, employees put in $17.91 for every $1.00 the employer contributed; active participation has grown from 203 to 294 since 2020.

Plan summary
Net assets, end of year$21,211,741
Participants with balances309
Active participants294
Employer contributions$103,803
Employee contributions$1,859,062
Employer contribution per active participant$353
Average account balance$68,646
Benefits paid to participants$1,241,907
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN ST AMOUR CPAS
Plan history5
Yearassets · accounts · employer contribution
2024$21.2M · 309 accts · $104K emplr
2023$17.4M · 319 accts · $499K emplr
2022$12.9M · 313 accts · $574K emplr
2021$13.5M · 250 accts · $419K emplr
2020$11.0M · 175 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,559
Investment management$40,002
Total administrative$76,561
The Mohawk Global Logistics 401(k) match · 2024
Employer contribution per active participant$353
Median for plans this size$2,416
2024$353 per active participant
2023$1,647 per active participant
2022$1,881 per active participant
2021$1,592 per active participant
2020$1,345 per active participant

Mohawk Global Logistics's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,559
HAZARD & SIEGEL INC · Investment advisory (plan)$36,159

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

Administrative cost history5
2024$76,561 · 0.40%
2023$58,540 · 0.39%
2022$52,317 · 0.40%
2021$50,352 · 0.41%
2020$21,299 · 0.21%
Same employer
Similar plansProfessional & Technical Services · New York
Herzfeld & Rubin, P.C. NY$21.3M · 0.34%
Taboola, Inc. NY$21.3M · 0.41%
Abrams Fensterman, LLP NY$21.2M · 0.63%
Netatwork, Inc. NY$21.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161444116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.