Plan Ledger DOL Form 5500 · updated monthly

Neovia Logistics Distribution, LP401(k)

NEOVIA LOGISTICS 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Neovia Logistics Distribution, LP reported $222,201 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,469 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 0.15% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 623rd-largest of 5,688 plans among Texas employers on file, and the 230th of 2,677 in transportation & warehousing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$107,079,549
Participants with balances2,202
Active participants2,439
Employer contributions$3,583,122
Employee contributions$6,712,482
Employer contribution per active participant$1,469
Average account balance$48,628
Benefits paid to participants$19,410,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.1M · 2,202 accts · $3.6M emplr
2023$101.5M · 2,481 accts · $4.2M emplr
2022$89.3M · 3,178 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$192,140
Investment management$30,061
Total administrative$222,201
The Neovia Logistics Distribution, LP 401(k) match · 2024
Employer contribution per active participant$1,469
Median for plans this size$3,635
2024$1,469 per active participant
2023$1,798 per active participant
2022$1,806 per active participant

Neovia Logistics Distribution, LP's 2024 employer contribution ran below the $3,635 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$192,360
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$30,061

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$222,201 · 0.21%
2023$161,523 · 0.17%
2022$146,838 · 0.15%
Similar plansTransportation & Warehousing · Texas
Houston Pilots TX$136.8M · 0.14%
Daseke Companies, Inc. TX$114.6M · 0.26%
Wwex Uni Topco Holdings, LLC TX$113.5M · 0.24%
Tntx, LLC TX$97.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800610333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.