Plan Ledger DOL Form 5500 · updated monthly

P&L Transportation, Inc.401(k)

P&L TRANSPORTATION, INC. 401(K) PROFIT SHARING PLAN · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

P&L Transportation, Inc. reported $99,018 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $707 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 3 years on file its reported administrative ratio has held roughly steady near 0.558%. 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 300th-largest of 871 plans among Kentucky employers on file, and the 767th of 2,677 in transportation & warehousing. In 2024, employees put in $5.12 for every $1.00 the employer contributed; active participation has grown from 228 to 257 since 2022.

Plan summary
Net assets, end of year$19,106,394
Participants with balances276
Active participants257
Employer contributions$181,582
Employee contributions$929,279
Employer contribution per active participant$707
Average account balance$69,226
Benefits paid to participants$1,251,931
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS WILLIAMS LENTZ CPA
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 276 accts · $182K emplr
2023$16.4M · 260 accts · $170K emplr
2022$13.8M · 259 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,251
Investment management$64,767
Total administrative$99,018
The P&L Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$707
Median for plans this size$2,416
2024$707 per active participant
2023$713 per active participant
2022$763 per active participant

P&L Transportation, 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
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$64,767
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$34,251

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$99,018 · 0.56%
2023$83,841 · 0.56%
2022$86,362 · 0.56%
Similar plansTransportation & Warehousing · Kentucky
Crounse Corporation KY$48.3M · 0.22%
Verst Group Logistics KY$39.9M · 0.41%
James Marine, Inc. KY$32.3M · 0.30%
Paschall Truck Lines, Inc KY$12.8M · 1.25%
M & M Cartage, Inc. KY$10.4M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611293797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.