Plan Ledger DOL Form 5500 · updated monthly

Nussbaum Transportation Services, Inc.401(k)

NUSSBAUM TRANSPORTATION SERVICES, INC. 401(K) PLAN & TRUST · HUDSON, IL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Nussbaum Transportation Services, Inc. reported $109,552 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $460 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 0.64% to 0.60%. 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 1,709th-largest of 3,702 plans among Illinois employers on file, and the 750th of 2,677 in transportation & warehousing. In 2024, employees put in $6.21 for every $1.00 the employer contributed; active participation has grown from 673 to 852 since 2022.

Plan summary
Net assets, end of year$19,552,296
Participants with balances539
Active participants852
Employer contributions$392,263
Employee contributions$2,435,603
Employer contribution per active participant$460
Average account balance$36,275
Benefits paid to participants$1,661,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 539 accts · $392K emplr
2023$16.8M · 531 accts · $380K emplr
2022$13.5M · 530 accts · $355K emplr
Administrative expenses, itemized · 2024
Investment management$106,552
Total administrative$109,552
The Nussbaum Transportation Services, Inc. 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$2,416
2024$460 per active participant
2023$500 per active participant
2022$528 per active participant

Nussbaum Transportation Services, Inc.'s 2024 employer contribution ran below the $2,416 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
LINCOLN RETIREMENT SERVICES · Recordkeeping$56,552
STRIEGEL KNOBLOCH & COMPANY, LLC · Plan administrator$3,000

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,552 · 0.60%
2023$94,869 · 0.63%
2022$86,066 · 0.64%
Same employer
Similar plansTransportation & Warehousing · Illinois
Reyes Holdings, L.L.C. IL$21.7M · 1.21%
Fidelitone, LLC IL$19.6M · 0.66%
Mid America Overseas Inc IL$19.1M · 0.02%
Interlake Mecalux Inc IL$17.9M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 370814342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.