Plan Ledger DOL Form 5500 · updated monthly

Openroad Transportation, Inc401(k)

OPENROAD TRANSPORTATION, INC. 401(K) PROFIT SHARING PLAN · DALLAS, OR · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Openroad Transportation, Inc reported $67,002 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,981 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 0.58% to 0.67%. 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 among the smaller plans on file in Oregon (512th of 1,021), and the 1,079th of 2,677 in transportation & warehousing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,321,886
Participants with balances160
Active participants153
Employer contributions$456,097
Employee contributions$1,044,747
Employer contribution per active participant$2,981
Average account balance$70,762
Benefits paid to participants$585,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 160 accts · $456K emplr
2023$8.8M · 203 accts · $420K emplr
2022$6.0M · 163 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,477
Investment management$9,525
Total administrative$67,002
The Openroad Transportation, Inc 401(k) match · 2024
Employer contribution per active participant$2,981
Median for plans this size$2,416
2024$2,981 per active participant
2023$2,657 per active participant
2022$2,310 per active participant

Openroad Transportation, Inc's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$9,525
INDEPENDENT RETIREMENT CONSULTING · Contract administrator$2,537
AMERIPRISE FINANCIAL SERVICES, LLCindirect 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$67,002 · 0.67%
2023$43,761 · 0.59%
2022$34,429 · 0.58%
Same employer
Similar plansTransportation & Warehousing · Oregon
Combined Transport, Inc. OR$14.5M · 0.15%
Aero Air, LLC OR$14.2M · 0.71%
Walsh Trucking Company LTD OR$13.7M · 0.34%
Jubitz Corporation OR$10.2M · 0.22%
Tire Factory, Inc. OR$8.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201194559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.