Plan Ledger DOL Form 5500 · updated monthly

Rim Logistics, LTD401(k)

RIM LOGISTICS, LTD. 401K PLAN · US ROSELLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Rim Logistics, LTD reported $19,025 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,655 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 rose from 0.13% to 0.14%. 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 Illinois (1,987th of 3,702), and the 899th of 2,677 in transportation & warehousing. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,096,668
Participants with balances349
Active participants258
Employer contributions$427,094
Employee contributions$1,301,894
Employer contribution per active participant$1,655
Average account balance$43,257
Benefits paid to participants$543,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 349 accts · $427K emplr
2023$11.8M · 333 accts · $471K emplr
2022$8.8M · 345 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,275
Total administrative$19,025
The Rim Logistics, LTD 401(k) match · 2024
Employer contribution per active participant$1,655
Median for plans this size$2,416
2024$1,655 per active participant
2023$1,765 per active participant
2022$1,172 per active participant

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

Service providers · 20243
SIKICH LLP$12,000
SAGEVIEW ADVISORY GROUP, LLCindirect comp

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$19,025 · 0.14%
2023$16,650 · 0.16%
2022$12,600 · 0.13%
Same employer
Similar plansTransportation & Warehousing · Illinois
The Custom Companies, Inc. IL$16.3M · 0.40%
National van Lines Inc. IL$16.3M · 0.00%
Gebruder Weiss, Inc IL$15.8M · 0.40%
Transdev Services, Inc. IL$14.3M · 1.77%
Hercules Forwarding, Inc. IL$14.1M · 0.03%
C & K Holdings, LLC IL$13.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364163840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.