Plan Ledger DOL Form 5500 · updated monthly

Professional Transportation, Inc.401(k)

PROFESSIONAL TRANSPORTATION 401(K) PLAN · EVANSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
2.94%

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

Professional Transportation, Inc. reported $13,544 in plan administrative expenses for 2022: 2.94% of average plan assets, higher than ~90% of peers. Employer contributions averaged $446 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Indiana (1,532nd of 1,562), and 2,451st of 2,677 in transportation & warehousing. In 2022, employees put in $3.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$429,570
Participants with balances93
Active participants77
Employer contributions$34,350
Employee contributions$121,057
Employer contribution per active participant$446
Average account balance$4,619
Benefits paid to participants$148,989
Plan auditUnmodified (clean) audit opinion
AuditorWEINZAPFEL & CO., LLC
Administrative expenses, itemized · 2022
Investment management$13,544
Total administrative$13,544
The Professional Transportation, Inc. 401(k) match · 2022
Employer contribution per active participant$446
Median for plans this size$331

Professional Transportation, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,544 · 2.94%
Same employer
Similar plansTransportation & Warehousing · Indiana
Kaser Fleet, LLC IN$1.2M · 0.03%
Amax Mobility LLC IN$556K · 0.25%
Circle Logistics, Inc. IN$465K · 2.03%
Crucial Mile Logitics LLC IN$462K · 0.49%
Amazing Logistics Inc NY$434K · 0.52%
Towing Network LLC TX$433K · 4.63%
Lakeview Bus Lines Inc. IL$433K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351760678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.