Plan Ledger DOL Form 5500 · updated monthly

Ports America Shared Services, Inc401(k)

THE SAVINGS AND GROWTH PLAN FOR PORTS AMERICA GROUP AND AFFILIATES · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ports America Shared Services, Inc reported $296,800 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $4,067 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 60th-largest of 1,285 plans among Arizona employers on file, and the 128th of 2,677 in transportation & warehousing. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$274,938,372
Participants with balances1,769
Active participants1,493
Employer contributions$6,071,688
Employee contributions$9,701,483
Employer contribution per active participant$4,067
Average account balance$155,420
Benefits paid to participants$29,755,032
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$282,725
Audit (IQPA)$14,075
Total administrative$296,800
The Ports America Shared Services, Inc 401(k) match · 2024
Employer contribution per active participant$4,067
Median for plans this size$4,294

Ports America Shared Services, Inc's 2024 employer contribution ran below the $4,294 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$282,725
FRANK, RIMERMAN + CO LLP · Accounting / audit$14,075
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history1
2024$296,800 · 0.11%
Same employer
Similar plansTransportation & Warehousing · Arizona
Standardaero AZ$364.0M · 0.04%
Ports America AZ$243.7M · 0.10%
Apl Logistics Americas, LTD AZ$174.7M · 0.25%
Mesa Air Group Inc AZ$109.9M · 0.36%
McDonough Corporation AZ$43.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453951534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.