Plan Ledger DOL Form 5500 · updated monthly

P.I. & I. Motor Express, Inc.401(k)

KEROLA GROUP 401K PLAN · MASURY, OH · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

P.I. & I. Motor Express, Inc. reported $61,946 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,780 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 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,150th of 3,295), and the 1,260th of 2,677 in transportation & warehousing. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 174 to 252 since 2022.

Plan summary
Net assets, end of year$8,478,431
Participants with balances124
Active participants252
Employer contributions$448,509
Employee contributions$560,181
Employer contribution per active participant$1,780
Average account balance$68,374
Benefits paid to participants$370,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 124 accts · $449K emplr
2023$7.1M · 135 accts · $404K emplr
2022$6.6M · 114 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,121
Investment management$825
Total administrative$61,946
The P.I. & I. Motor Express, Inc. 401(k) match · 2024
Employer contribution per active participant$1,780
Median for plans this size$1,313
2024$1,780 per active participant
2023$1,691 per active participant
2022$1,750 per active participant

P.I. & I. Motor Express, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$39,958
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$21,163
LPL FINANCIAL CORPORATION · Investment advisory (plan)$825

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$61,946 · 0.80%
2023$58,922 · 0.86%
2022$56,791 · 0.82%
Similar plansTransportation & Warehousing · Ohio
Dee Holdings, Inc. OH$9.3M · 0.72%
Bbi Logistics, LLC OH$8.2M · 1.70%
Bulk Transit Corporation OH$7.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340759032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.