Plan Ledger DOL Form 5500 · updated monthly

P & B Intermodal Services LLC401(k)

P & B INTERMODAL SERVICES LLC 401(K) PROFIT SHARING PLAN & TRUST · HOBOKEN, NJ · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

P & B Intermodal Services LLC reported $12,182 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $77 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 0.16% to 0.87%. 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 New Jersey (2,170th of 2,419), and 2,172nd of 2,677 in transportation & warehousing. In 2023, employees put in $13.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,702,463
Participants with balances227
Active participants437
Employer contributions$33,765
Employee contributions$465,661
Employer contribution per active participant$77
Average account balance$7,500
Benefits paid to participants$139,684
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 227 accts · $34K emplr
2022$1.1M · 118 accts · $65K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,182
Total administrative$12,182
The P & B Intermodal Services LLC 401(k) match · 2023
Employer contribution per active participant$77
Median for plans this size$1,308
2023$77 per active participant
2022$196 per active participant

P & B Intermodal Services LLC'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
JOHN HANCOCK RET PLAN SVCS · Recordkeeping · Loan processing$9,662

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$12,182 · 0.87%
2022$1,755 · 0.16%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Etb Holdings, Inc. NJ$2.3M · 1.14%
Borne Holding Co., Inc. NJ$2.3M · 0.64%
On Time Transport, LLC NJ$1.5M · 0.67%
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 900487533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.