Plan Ledger DOL Form 5500 · updated monthly

Raven Transport Holding, Inc.401(k)

RAVEN TRANSPORT 401(K) RETIREMENT PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Raven Transport Holding, Inc. reported $2,485 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $526 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 fell from 0.65% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,581st of 3,644), and 1,708th of 2,677 in transportation & warehousing. In 2023, employees put in $3.48 for every $1.00 the employer contributed; active participation has grown from 117 to 135 since 2022.

Plan summary
Net assets, end of year$4,542,341
Participants with balances159
Active participants135
Employer contributions$70,995
Employee contributions$247,192
Employer contribution per active participant$526
Average account balance$28,568
Benefits paid to participants$913,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 130 accts · $84K emplr
2023$4.5M · 159 accts · $71K emplr
2022$4.5M · 180 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,485
Total administrative$2,485
The Raven Transport Holding, Inc. 401(k) match · 2023
Employer contribution per active participant$526
Median for plans this size$1,308
2024$27,881 per active participant
2023$526 per active participant
2022$576 per active participant

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

Service providers · 20233
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$6,756
EMPOWER ADVISORY GROUP, LLC · Investment management$134

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$6,175 · 0.18%
2023$2,485 · 0.06%
2022$36,783 · 0.65%
Same employer
Similar plansTransportation & Warehousing · Florida
Fsm Group LLC FL$4.9M · 1.22%
Access USA Shipping, LLC FL$4.6M · 1.10%
Dann Ocean Towing Inc. FL$4.6M · 0.98%
King Ocean Agency Inc FL$4.2M · 0.96%
Cruise Yacht Opco LTD. FL$4.1M · 0.12%
Sun Terminals Inc FL$3.7M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593545114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.