Plan Ledger DOL Form 5500 · updated monthly

Navajo Shippers, Inc.401(k)

NAVAJO EXPRESS 401(K) RETIREMENT SAVINGS PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Navajo Shippers, Inc. reported $53,181 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $90 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 1.05% to 0.96%. 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 Colorado (1,016th of 1,461), and 1,563rd of 2,677 in transportation & warehousing. In 2024, employees put in $24.16 for every $1.00 the employer contributed; active participation has shrunk from 451 to 380 since 2022.

Plan summary
Net assets, end of year$5,548,727
Participants with balances423
Active participants380
Employer contributions$34,051
Employee contributions$822,783
Employer contribution per active participant$90
Average account balance$13,118
Benefits paid to participants$1,476,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 423 accts · $34K emplr
2023$5.5M · 425 accts · $79K emplr
2022$5.1M · 508 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,181
Total administrative$53,181
The Navajo Shippers, Inc. 401(k) match · 2024
Employer contribution per active participant$90
Median for plans this size$1,313
2024$90 per active participant
2023$204 per active participant
2022$533 per active participant

Navajo Shippers, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$53,181

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$53,181 · 0.96%
2023$56,439 · 1.06%
2022$60,016 · 1.05%
Similar plansTransportation & Warehousing · Colorado
Prime Jet US LLC CO$7.2M · 0.14%
Prime Jet US LLC CO$6.1M · 0.13%
Mayo Aviation, LLC CO$5.8M · 0.78%
Via Mobility Services CO$5.0M · 0.54%
Cast Transportation, Inc. CO$4.6M · 0.49%
U.S. Transport, Inc. CO$3.5M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840876917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.