Plan Ledger DOL Form 5500 · updated monthly

Northern Refrigerated Transportation, Inc.401(k)

NORTHERN REFRIGERATED TRANSPORTATION, INC. 401(K) PROFIT SHARING PLAN · TURLOCK, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Northern Refrigerated Transportation, Inc. reported $74,193 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,678 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 0.23%. 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 2,553rd-largest of 9,483 plans among California employers on file, and the 531st of 2,677 in transportation & warehousing. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,994,569
Participants with balances401
Active participants265
Employer contributions$1,239,746
Employee contributions$1,159,821
Employer contribution per active participant$4,678
Average account balance$79,787
Benefits paid to participants$5,969,001
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.0M · 401 accts · $1.2M emplr
2023$32.0M · 433 accts · $1.3M emplr
2022$27.8M · 400 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,839
Investment management$29,954
Total administrative$74,193
The Northern Refrigerated Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$4,678
Median for plans this size$2,416
2024$4,678 per active participant
2023$4,237 per active participant
2022$4,629 per active participant

Northern Refrigerated Transportation, 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 · 20243
HICKS PENSION SERVICES · Other services$3,454
JKR & COMPANY, INC.indirect comp
J K R & COMPANY, INC.indirect comp

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$74,193 · 0.23%
2023$56,802 · 0.19%
2022$45,560 · 0.15%
Same employer
Similar plansTransportation & Warehousing · California
Holliday Rock Co., Inc. CA$34.9M · 0.29%
Biagi Bros., Inc. CA$33.4M · 0.32%
Wedriveu, Inc. CA$32.8M · 0.42%
Qantas Airways Limited CA$30.7M · 0.31%
Apex Maritime Co., Inc. CA$30.6M · 0.00%
Logisteed America, Inc. CA$29.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953137599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.