Plan Ledger DOL Form 5500 · updated monthly

Palletized Trucking Inc.401(k)

PALLETIZED TRUCKING, INC. 401K & PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Palletized Trucking Inc. reported $66,975 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $2,944 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 0.64% to 0.74%. 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 Texas (3,118th of 5,688), and the 1,183rd of 2,677 in transportation & warehousing. In 2024, the employer put in $1.77 for every $1.00 employees contributed themselves; active participation has grown from 87 to 154 since 2022.

Plan summary
Net assets, end of year$9,601,718
Participants with balances105
Active participants154
Employer contributions$453,443
Employee contributions$256,236
Employer contribution per active participant$2,944
Average account balance$91,445
Benefits paid to participants$512,774
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 105 accts · $453K emplr
2023$8.6M · 88 accts · $440K emplr
2022$7.3M · 93 accts · $453K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,831
Audit (IQPA)$26,250
Total administrative$66,975
The Palletized Trucking Inc. 401(k) match · 2024
Employer contribution per active participant$2,944
Median for plans this size$1,313
2024$2,944 per active participant
2023$4,788 per active participant
2022$5,209 per active participant

Palletized Trucking Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
ARMANINO, LLP · Accounting / audit$26,250
CBIZ INVESTMENT ADVISORY SERVICE · Investment advisory (plan)$20,491

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$66,975 · 0.74%
2023$38,747 · 0.49%
2022$54,073 · 0.64%
Same employer
Similar plansTransportation & Warehousing · Texas
Rcl Wiring L.P. TX$10.0M · 0.25%
Gac Shipping USA, Inc. TX$8.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741655585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.