Plan Ledger DOL Form 5500 · updated monthly

Northwest Express, Inc.401(k)

NORTHWEST EXPRESS, INC. 401(K) PROFIT SHARING PLAN TRUST · OAKBROOK TERRACE, IL · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

Northwest Express, Inc. reported $11,871 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $616 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 1 year on file its reported administrative ratio rose from 0.65% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,394th of 3,702), and 2,170th of 2,677 in transportation & warehousing. In 2023, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,707,857
Participants with balances65
Active participants85
Employer contributions$52,318
Employee contributions$105,725
Employer contribution per active participant$616
Average account balance$26,275
Benefits paid to participants$271,647
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 65 accts · $52K emplr
2022$1.5M · 126 accts · $74K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,871
Total administrative$11,871
The Northwest Express, Inc. 401(k) match · 2023
Employer contribution per active participant$616
Median for plans this size$1,308
2023$616 per active participant
2022$694 per active participant

Northwest Express, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
EMPLOYEE FIDUCIARY LLC · Recordkeeping$11,871

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$11,871 · 0.73%
2022$11,834 · 0.65%
Same employer
Similar plansTransportation & Warehousing · Illinois
Mj Resurrection Inc. IL$1.8M · 0.03%
Pierce Packaging Co. IL$1.8M · 1.22%
Shamrock Cartage Inc IL$1.5M · 2.07%
Gds Logistics, LLC IL$1.2M · 0.82%
Marysville Releasing Inc. IL$856K · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208258835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.