Plan Ledger DOL Form 5500 · updated monthly

Planes Moving & Storage, Inc.401(k)

PLANES MOVING & STORAGE, INC. 401K TAX DEFERRED SAVINGS PLAN · WEST CHESTER, OH · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Planes Moving & Storage, Inc. reported $23,610 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $350 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 rose from 0.05% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 921st-largest of 3,295 plans among Ohio employers on file, and the 530th of 2,677 in transportation & warehousing. In 2023, employees put in $8.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,201,376
Participants with balances597
Active participants570
Employer contributions$199,382
Employee contributions$1,618,395
Employer contribution per active participant$350
Average account balance$53,939
Benefits paid to participants$3,033,440
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$32.2M · 597 accts · $199K emplr
2022$28.1M · 719 accts · $184K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,876
Investment management$9,134
Total administrative$23,610
The Planes Moving & Storage, Inc. 401(k) match · 2023
Employer contribution per active participant$350
Median for plans this size$2,440
2023$350 per active participant
2022$234 per active participant

Planes Moving & Storage, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$19,058
WELLS FARGO CLEARING SERVICES, LLCindirect comp

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

Administrative cost history2
2023$23,610 · 0.08%
2022$14,453 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Ohio
Dayton-Phoenix Group, Inc. OH$40.9M · 0.27%
Odw Logistics, Inc. OH$38.9M · 0.44%
Mormac Marine Group, Inc. OH$34.5M · 0.17%
Star Leasing Company, LLC OH$28.8M · 0.32%
Peoples Services, Inc. OH$26.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310585402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.