Plan Ledger DOL Form 5500 · updated monthly

Ritchie Trucking Service Holdings, Inc.401(k)

RITCHIE TRUCKING SERVICE HOLDINGS, INC. 401 (K) PLAN · FRESNO, CA · plan year 2023

Reported admin expense ratio · 2023
1.93%

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

Ritchie Trucking Service Holdings, Inc. reported $47,109 in plan administrative expenses for 2023: 1.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $45 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 2.17% to 1.28%. 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 California (8,041st of 9,483), and 2,010th of 2,677 in transportation & warehousing. In 2023, employees put in $77.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,597,307
Participants with balances195
Active participants66
Employer contributions$2,953
Employee contributions$228,961
Employer contribution per active participant$45
Average account balance$13,320
Benefits paid to participants$273,765
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 153 accts
2023$2.6M · 195 accts · $3K emplr
2022$2.3M · 195 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,109
Total administrative$47,109
The Ritchie Trucking Service Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$45
Median for plans this size$1,308

Ritchie Trucking Service Holdings, 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 · 20232
IRON-CO-FID-INDEX-COMPREHENSIVE · Investment advisory (participants)$40,543
NATIONWIDE · Investment advisory (participants)$29,565

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$32,997 · 1.28%
2023$47,109 · 1.93%
2022$58,660 · 2.17%
All plans at this employer2
RITCHIE TRUCKING SERVICE HOLDINGS, INC. 401 (K) PLAN401(k)
THE PEOPLE BUSINESS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 384101587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.