Plan Ledger DOL Form 5500 · updated monthly

Plutus Logistic Corp401(k)

PLUTUS LOGISTIC CORP 401(K) PLAN · OCEAN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Plutus Logistic Corp reported $721 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $276 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 0.20% to 0.51%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (2,353rd of 2,419), and 2,579th of 2,677 in transportation & warehousing. In 2024, employees put in $4.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$197,813
Participants with balances151
Active participants82
Employer contributions$22,620
Employee contributions$93,041
Employer contribution per active participant$276
Average account balance$1,310
Benefits paid to participants$20,411
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLTON & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$198K · 151 accts · $23K emplr
2023$84K · 102 accts · $16K emplr
Administrative expenses, itemized · 2024
Investment management$721
Total administrative$721
The Plutus Logistic Corp 401(k) match · 2024
Employer contribution per active participant$276
Median for plans this size$540
2024$276 per active participant
2023$206 per active participant

Plutus Logistic Corp's 2024 employer contribution ran below the $540 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.

Administrative cost history2
2024$721 · 0.51%
2023$164 · 0.20%
Similar plansTransportation & Warehousing · New Jersey
Hain Logistics, Inc. NJ$271K · 0.73%
Omni-Serv, LLC NJ$249K · 1.58%
Last Mile Deliveries LLC NJ$206K · 0.52%
Appathon LLC NJ$192K · 0.54%
Villani Bus Company, Inc. NJ$145K · 0.39%
Halls Fast Motor Freight NJ$87K · 0.24%
Regal Logistics NJ$76K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861807591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.