Mountain River Trucking Company, Inc.401(k)
MOUNTAIN RIVER 401(K) PLAN · MOUNT AIRY, NC · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Mountain River Trucking Company, Inc. reported $20,817 in plan administrative expenses for 2024: 2.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $461 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 rose from 1.67% to 2.48%. 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 North Carolina (1,890th of 2,005), and 2,316th of 2,677 in transportation & warehousing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 109 to 149 since 2022.
Mountain River Trucking Company, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 561523832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.