Plan Ledger DOL Form 5500 · updated monthly

Pace Air Freight, Inc.401(k)

PACE AIR FREIGHT, INC. 401(K) PLAN · PLAINFIELD, IN · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Pace Air Freight, Inc. reported $16,307 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $373 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 Indiana (1,353rd of 1,562), and 1,991st of 2,677 in transportation & warehousing. In 2022, employees put in $4.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,676,527
Participants with balances47
Active participants103
Employer contributions$38,399
Employee contributions$155,254
Employer contribution per active participant$373
Average account balance$56,947
Benefits paid to participants$134,894
Plan auditUnmodified (clean) audit opinion
AuditorSOMERSET CPAS, PC
Administrative expenses, itemized · 2022
Investment management$16,307
Total administrative$16,307
The Pace Air Freight, Inc. 401(k) match · 2022
Employer contribution per active participant$373
Median for plans this size$1,114

Pace Air Freight, Inc.'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$16,307 · 0.55%
Same employer
Similar plansTransportation & Warehousing · Indiana
Boyd Operating, Inc. IN$3.0M · 0.03%
Baylor Trucking, Inc. IN$2.9M · 1.26%
Dave Tomasch Inc IN$2.8M · 0.37%
United Trailers LLC. IN$1.6M · 0.17%
Summitt Trucking, LLC IN$1.4M · 1.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351447004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.