Plan Ledger DOL Form 5500 · updated monthly

Redbone Trucking, LLC401(k)

REDBONE TRUCKING, LLC 401(K) P/S PLAN · NORTH SALT LAKE, UT · plan year 2022

Reported admin expense ratio · 2022
1.20%

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

Redbone Trucking, LLC reported $15,998 in plan administrative expenses for 2022: 1.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $882 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (784th of 848), and 2,245th of 2,677 in transportation & warehousing. In 2022, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,331,247
Participants with balances63
Active participants115
Employer contributions$101,413
Employee contributions$215,605
Employer contribution per active participant$882
Average account balance$21,131
Benefits paid to participants$77,508
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,998
Total administrative$15,998
The Redbone Trucking, LLC 401(k) match · 2022
Employer contribution per active participant$882
Median for plans this size$1,114

Redbone Trucking, LLC's 2022 employer contribution ran below the $1,114 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$15,998 · 1.20%
Similar plansTransportation & Warehousing · Utah
Smhg Management, LLC UT$1.6M · 0.87%
LUMIN8 Holdings, LLC UT$1.5M · 1.18%
Soar Transportation Group UT$1.3M · 0.11%
Inland Xmile, Inc. UT$896K · 0.49%
Ernie's Truck Plaza UT$713K · 0.51%
Happy Delivery LLC UT$527K · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260129913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.