Plan Ledger DOL Form 5500 · updated monthly

National Cargo Bureau, Inc.401(k)

INCENTIVE SAVINGS AND INVESTMENT PLAN FOR EMPLOYEES OF NATIONAL CARGO BUREAU, INC. · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

National Cargo Bureau, Inc. reported $15,299 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,921 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 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,795th-largest of 5,648 plans among New York employers on file, and the 510th of 2,677 in transportation & warehousing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,174,608
Participants with balances155
Active participants104
Employer contributions$511,771
Employee contributions$920,663
Employer contribution per active participant$4,921
Average account balance$220,481
Benefits paid to participants$3,716,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 155 accts · $512K emplr
2023$32.6M · 157 accts · $495K emplr
2022$28.5M · 151 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,299
Total administrative$15,299
The National Cargo Bureau, Inc. 401(k) match · 2024
Employer contribution per active participant$4,921
Median for plans this size$2,416
2024$4,921 per active participant
2023$4,714 per active participant
2022$4,534 per active participant

National Cargo Bureau, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
VANGUARD ADVISERS, INC. · Recordkeeping · Investment advisory (participants)$15,299

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$15,299 · 0.05%
2023$14,466 · 0.05%
2022$8,822 · 0.03%
Same employer
Similar plansTransportation & Warehousing · New York
Bollore Logistics USA Inc. NY$41.6M · 0.00%
Emo Trans, Inc. NY$41.2M · 0.30%
Wadhams Enterprises, Inc. NY$36.5M · 0.44%
Transervice Logistics, Inc. NY$33.7M · 0.03%
Avox Systems, Inc. NY$31.7M · 0.01%
Via Transportation, Inc. NY$31.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 135615188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.