Plan Ledger DOL Form 5500 · updated monthly

Rolling V Bus Corp401(k)

ROLLING V BUS CORP. 401(K) PLAN · SOUTH FALLSBURG, NY · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Rolling V Bus Corp reported $48,820 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $206 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 0.84% to 2.25%. 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 New York (4,631st of 5,648), and 1,748th of 2,677 in transportation & warehousing. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,248,595
Participants with balances322
Active participants669
Employer contributions$137,949
Employee contributions$336,937
Employer contribution per active participant$206
Average account balance$13,194
Benefits paid to participants$1,041,199
Plan auditUnmodified (clean) audit opinion
AuditorBERARD & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$48K · 150 accts · $133K emplr
2023$3.8M · 200 accts · $153K emplr
2022$4.2M · 322 accts · $138K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$35,820
Investment management$13,000
Total administrative$48,820
The Rolling V Bus Corp 401(k) match · 2022
Employer contribution per active participant$206
Median for plans this size$1,114
2024$284 per active participant
2023$404 per active participant
2022$206 per active participant

Rolling V Bus Corp's 2022 employer contribution ran below the $1,114 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 history3
2024$43,871 · 2.25%
2023$46,617 · 1.15%
2022$48,820 · 0.84%
Similar plansTransportation & Warehousing · New York
Fire Island Ferries, Inc. NY$5.1M · 0.03%
West Point Tours, Inc. NY$3.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223052888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.