Plan Ledger DOL Form 5500 · updated monthly

Quest Transport LLC401(k)

QUEST TRANSPORT LLC 401(K) PROFIT SHARING PLAN & TRUST · FALLS CHURCH, VA · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Quest Transport LLC reported $9,155 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $811 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 0.59% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (2,137th of 2,266), and 4,109th of 4,246 in wholesale trade. In 2023, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,358,729
Participants with balances74
Active participants86
Employer contributions$69,785
Employee contributions$226,613
Employer contribution per active participant$811
Average account balance$18,361
Benefits paid to participants$372,072
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.4M · 74 accts · $70K emplr
2022$1.2M · 122 accts · $44K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,209
Investment management$391
Total administrative$9,155
The Quest Transport LLC 401(k) match · 2023
Employer contribution per active participant$811
Median for plans this size$1,308
2023$811 per active participant
2022$546 per active participant

Quest Transport LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$2,122
DWC-THE 401(K) EXPERTS · Recordkeeping · Loan processing$1,087
FIDUCIARY WEALTH MANAGEMENT LLC · Investment advisory (plan)$391

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

Administrative cost history2
2023$9,155 · 0.71%
2022$7,349 · 0.59%
Same employer
Similar plansWholesale Trade · Virginia
Tdbbs LLC VA$4.2M · 0.33%
Sagewater, LLC VA$2.7M · 1.72%
Riggs Oil Co, Inc. VA$1.9M · 1.01%
Sac Incorporated VT$1.4M · 0.61%
A-Line E.D.S. Inc. IA$1.4M · 0.09%
Tms Management, LLC AL$1.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203571850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.