Plan Ledger DOL Form 5500 · updated monthly

On Time Transport, LLC401(k)

ON TIME TRANSPORT LLC 401(K) PROFIT SHARING PLAN · ROSELLE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

On Time Transport, LLC reported $9,978 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (2,181st of 2,419), and 2,203rd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,527,594
Participants with balances74
Active participants332
Employer contributions$0
Employee contributions$240,895
Employer contribution per active participant$0
Average account balance$20,643
Benefits paid to participants$262,834
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,055
Investment management$3,923
Total administrative$9,978
The On Time Transport, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

On Time Transport, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,978 · 0.67%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Borne Holding Co., Inc. NJ$2.3M · 0.64%
Salson Logistics Inc. NJ$1.4M · 1.58%
Zip Aviation NJ$1.2M · 0.57%
Belair Transport Inc. NJ$1.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223086366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.