Plan Ledger DOL Form 5500 · updated monthly

Reliable Carriers, Inc.401(k)

RELIABLE CARRIERS, INC. 401(K) PLAN · CANTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Reliable Carriers, Inc. reported $33,013 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,346th of 2,619), and the 976th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$13,083,665
Participants with balances102
Active participants161
Employer contributions$0
Employee contributions$621,352
Employer contribution per active participant$0
Average account balance$128,271
Benefits paid to participants$517,130
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 102 accts
2023$11.5M · 102 accts
2022$10.8M · 112 accts · $600 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,329
Investment management$23,684
Total administrative$33,013
The Reliable Carriers, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Reliable Carriers, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$23,684
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,329

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$33,013 · 0.27%
2023$29,589 · 0.27%
2022$33,751 · 0.28%
Same employer
Similar plansTransportation & Warehousing · Michigan
Heligroup Holdings, Inc. MI$19.9M · 0.62%
Inontime, LLC MI$15.2M · 0.42%
Ifl Group, Inc. MI$13.6M · 0.45%
Wayne Industries, Inc. MI$12.9M · 0.35%
Kc Transportation, Inc. MI$12.4M · 0.47%
Logistics Insight Corp. MI$12.4M · 0.12%
Universal Dedicated, Inc. MI$12.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382534918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.