Plan Ledger DOL Form 5500 · updated monthly

Pinch Flatbed, Inc.401(k)

PINCH FLATBED, INC. 401(K) PLAN · SHAWNEE MISSION, KS · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Pinch Flatbed, Inc. reported $22,685 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,332 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 1.16% to 0.86%. 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 Kansas (729th of 828), and 1,974th of 2,677 in transportation & warehousing. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 155 to 196 since 2022.

Plan summary
Net assets, end of year$2,790,789
Participants with balances222
Active participants196
Employer contributions$261,098
Employee contributions$361,752
Employer contribution per active participant$1,332
Average account balance$12,571
Benefits paid to participants$455,083
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINS & HAAKE L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 222 accts · $261K emplr
2023$2.5M · 247 accts · $238K emplr
2022$1.6M · 215 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,685
Total administrative$22,685
The Pinch Flatbed, Inc. 401(k) match · 2024
Employer contribution per active participant$1,332
Median for plans this size$1,313
2024$1,332 per active participant
2023$1,490 per active participant
2022$1,256 per active participant

Pinch Flatbed, 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 · 20244
NATIONWIDE · Recordkeeping$10,648
TFB ADVISORS, LLC · Investment advisory (plan)$14,251
TAX FAVORED BENEFITS, INC. · Contract administrator$7,825
AMERITAS ADVISORY SERVICES · Investment advisory (plan)indirect 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
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$22,685 · 0.86%
2023$15,314 · 0.74%
2022$17,344 · 1.16%
Same employer
Similar plansTransportation & Warehousing · Kansas
Farmers Oil Company, Inc. KS$4.9M · 0.80%
Keim Ts, Inc. KS$4.5M · 0.59%
Agri Trails Coop, Inc. KS$4.5M · 0.02%
Doug Bradley Trucking Inc KS$3.5M · 0.89%
Mies & Sons Trucking, LLC KS$2.6M · 0.84%
Scout Logistics KS$2.1M · 0.86%
Dugan Truck Line, LLC KS$1.7M · 1.39%
Schmuhl Brothers, Inc. KS$873K · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200032742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.