Plan Ledger DOL Form 5500 · updated monthly

Port City Logistics, Inc.401(k)

PORT CITY LOGISTICS, INC. 401(K) PROFIT SHARING PLAN · PORT WENTWORTH, GA · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Port City Logistics, Inc. reported $49,442 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,819 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 rose from 0.14% to 1.16%. 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 Georgia (1,632nd of 2,160), and 1,666th of 2,677 in transportation & warehousing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 174 to 209 since 2022.

Plan summary
Net assets, end of year$4,847,930
Participants with balances201
Active participants209
Employer contributions$380,249
Employee contributions$705,421
Employer contribution per active participant$1,819
Average account balance$24,119
Benefits paid to participants$513,553
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 201 accts · $380K emplr
2023$3.7M · 213 accts · $394K emplr
2022$2.6M · 192 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,440
Investment management$2,002
Total administrative$49,442
The Port City Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,819
Median for plans this size$1,313
2024$1,819 per active participant
2023$1,635 per active participant
2022$1,789 per active participant

Port City Logistics, 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$2,002

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

Administrative cost history3
2024$49,442 · 1.16%
2023$21,127 · 0.67%
2022$3,700 · 0.14%
Same employer
Similar plansTransportation & Warehousing · Georgia
Volato, Inc. GA$6.1M · 1.07%
Taylor Transport, Inc. GA$4.9M · 1.00%
Ard Logistics, LLC GA$4.6M · 0.71%
Future Forwarding Company GA$3.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830420209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.