Plan Ledger DOL Form 5500 · updated monthly

Paxton van Lines, Inc.401(k)

PAXTON VAN LINES 401(K) RETIREMENT PLAN · SPRINGFIELD, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Paxton van Lines, Inc. reported $9,901 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $321 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 fell from 0.18% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,423rd of 2,266), and the 2,523rd of 5,215 in retail trade. In 2024, employees put in $10.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,606,123
Participants with balances193
Active participants110
Employer contributions$35,294
Employee contributions$355,773
Employer contribution per active participant$321
Average account balance$54,954
Benefits paid to participants$794,209
Plan auditUnmodified (clean) audit opinion
AuditorKATZABOSCH
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 193 accts · $35K emplr
2023$9.7M · 195 accts · $58K emplr
2022$9.2M · 186 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,901
Total administrative$9,901
The Paxton van Lines, Inc. 401(k) match · 2024
Employer contribution per active participant$321
Median for plans this size$2,416
2024$321 per active participant
2023$529 per active participant
2022$535 per active participant

Paxton van Lines, 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 · 20243
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$9,751
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$150
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processingindirect comp

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

Recordkeeper by year2
2024Ascensus, Newport (Ascensus), Transamerica
2023Newport (Ascensus), Transamerica

This plan has changed recordkeepers within these filings. If you left Paxton van Lines, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,901 · 0.10%
2023$9,110 · 0.10%
2022$17,978 · 0.18%
Similar plansRetail Trade · Virginia
Foster Fuels, Inc. VA$11.7M · 0.33%
Pohanka Auto Center, Inc. VA$11.2M · 0.63%
Jerrys Ford Sales, Inc. VA$10.9M · 0.49%
Kerecis, LLC VA$10.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540585256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.