Plan Ledger DOL Form 5500 · updated monthly

Mountain Energy Services Inc.401(k)

MOUNTAIN ENERGY SERVICES INC. 401K PLAN · TUNKHANNOCK, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Mountain Energy Services Inc. reported $1,867 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $867 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 2 years on file its reported administrative ratio fell from 0.03% to 0.02%. 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 Pennsylvania (2,450th of 3,651), and the 1,249th of 2,677 in transportation & warehousing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has shrunk from 480 to 263 since 2022.

Plan summary
Net assets, end of year$8,598,166
Participants with balances115
Active participants263
Employer contributions$228,082
Employee contributions$412,735
Employer contribution per active participant$867
Average account balance$74,767
Benefits paid to participants$501,053
Plan auditUnmodified (clean) audit opinion
AuditorMMQ & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 115 accts · $228K emplr
2023$7.3M · 140 accts · $288K emplr
2022$6.1M · 150 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,867
Total administrative$1,867
The Mountain Energy Services Inc. 401(k) match · 2024
Employer contribution per active participant$867
Median for plans this size$1,313
2024$867 per active participant
2023$911 per active participant
2022$636 per active participant

Mountain Energy Services Inc.'s 2024 employer contribution ran below the $1,313 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.

Service providers · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,867

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,867 · 0.02%
2023$1,733 · 0.03%
2022$2,044 · 0.03%
Similar plansTransportation & Warehousing · Pennsylvania
Chemlogix,Llc PA$9.5M · 0.04%
Key Lakes, Inc. PA$9.2M · 0.14%
Buco Transportation, Inc. PA$9.0M · 0.22%
Transfreight, LLC PA$9.0M · 0.03%
S&H Express, Inc. PA$8.5M · 0.50%
R & R Express Holdco, Inc PA$7.9M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 244611036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.