Plan Ledger DOL Form 5500 · updated monthly

Pride Transport, Inc.401(k)

PRIDE TRANSPORT 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Pride Transport, Inc. reported $85,219 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $401 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 0.30% to 0.97%. 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 Utah (492nd of 848), and the 1,223rd of 2,677 in transportation & warehousing. In 2024, employees put in $5.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,989,563
Participants with balances216
Active participants510
Employer contributions$204,486
Employee contributions$1,133,218
Employer contribution per active participant$401
Average account balance$41,618
Benefits paid to participants$1,679,552
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history2
Yearassets · accounts · employer contribution
2024$9.0M · 216 accts · $204K emplr
2023$8.6M · 219 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,219
Total administrative$85,219
The Pride Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$401
Median for plans this size$1,313
2024$401 per active participant
2023$171 per active participant

Pride Transport, Inc.'s 2024 employer contribution ran below the $1,313 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.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,841
NATIONAL BENEFIT SERVICES · Contract administrator · Other services$32,378
DYNAMIC WEALTH ADVISORS · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · 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 history2
2024$85,219 · 0.97%
2023$25,962 · 0.30%
Same employer
Similar plansTransportation & Warehousing · Utah
Barney Trucking, Inc. UT$18.3M · 0.63%
Maxway Trucking, Inc. UT$13.1M · 0.73%
Alpine Aviation, Inc. UT$8.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870473980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.