Plan Ledger DOL Form 5500 · updated monthly

Rec Marine Logistics, LLC401(k)

REC MARINE LOGISTICS & GOL LLC 401(K) PLAN · RACELAND, LA · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Rec Marine Logistics, LLC reported $251 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 Louisiana (870th of 884), and 2,580th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$195,924
Participants with balances30
Active participants263
Employer contributions$0
Employee contributions$103,645
Employer contribution per active participant$0
Average account balance$6,531
Benefits paid to participants$977
Plan auditUnmodified (clean) audit opinion
AuditorWEGMANN DAZET, APC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$251
Total administrative$251
The Rec Marine Logistics, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Rec Marine Logistics, LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$251 · 0.13%
Same employer
Similar plansTransportation & Warehousing · Louisiana
Tms Environmental, LLC LA$877K · 1.15%
Kent Materials LA$487K · 1.00%
Ktb Transport Inc OK$205K · 2.15%
Go to Logistics IL$203K · 0.86%
Plutus Logistic Corp NJ$198K · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203430764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.