Plan Ledger DOL Form 5500 · updated monthly

Philly Transportation, LLC401(k)

PHILLY TRANSPORTATION GROUP 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Philly Transportation, LLC reported $15,966 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $212 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 1 year on file its reported administrative ratio fell from 1.18% to 0.66%. 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 Pennsylvania (3,223rd of 3,651), and 1,987th of 2,677 in transportation & warehousing. In 2024, employees put in $4.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,709,349
Participants with balances154
Active participants409
Employer contributions$86,674
Employee contributions$402,293
Employer contribution per active participant$212
Average account balance$17,593
Benefits paid to participants$199,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 154 accts · $87K emplr
2023$2.1M · 156 accts · $85K emplr
2022$1.6M · 154 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,966
Total administrative$15,966
The Philly Transportation, LLC 401(k) match · 2024
Employer contribution per active participant$212
Median for plans this size$1,313
2024$212 per active participant
2023$218 per active participant
2022$186 per active participant

Philly Transportation, LLC's 2024 employer contribution ran below the $1,313 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 · 20245
NATIONWIDE · Recordkeeping$1,244
DELAWARE VALLEY RETIREMENT, INC. · Other services$4,000
IRON FINANCIAL · Trustee$290
NATIONWIDE LIFE INSURANCE COMPANY · Insurance broker · Insurance services$116
ERIC FAUST · Plan administrator$41

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,966 · 0.66%
2023$22,307 · 1.18%
2022Not separately reported
Similar plansTransportation & Warehousing · Pennsylvania
Volpe Dedicated, Inc. PA$3.0M · 0.85%
Regional Rail, LLC PA$2.6M · 0.55%
Jle Industries, LLC PA$2.3M · 0.96%
Bucks County Transport PA$2.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861166955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.