Plan Ledger DOL Form 5500 · updated monthly

Romark Logistics of Texas, Inc.401(k)

RLG EMPLOYEES' 401(K) PLAN · WESTFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Romark Logistics of Texas, Inc. reported $99,356 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,646 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 0.74% to 0.43%. 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 the 948th-largest of 2,419 plans among New Jersey employers on file, and the 641st of 2,677 in transportation & warehousing. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 632 to 702 since 2022.

Plan summary
Net assets, end of year$24,241,717
Participants with balances937
Active participants702
Employer contributions$1,155,357
Employee contributions$1,524,689
Employer contribution per active participant$1,646
Average account balance$25,872
Benefits paid to participants$2,495,363
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 937 accts · $1.2M emplr
2023$21.7M · 904 accts · $1.1M emplr
2022$19.3M · 792 accts · $897K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,356
Total administrative$99,356
The Romark Logistics of Texas, Inc. 401(k) match · 2024
Employer contribution per active participant$1,646
Median for plans this size$2,416
2024$1,646 per active participant
2023$1,745 per active participant
2022$1,420 per active participant

Romark Logistics of Texas, Inc.'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 · 20242
MORGAN STANLEY · Investment advisory (plan)$42,477

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$99,356 · 0.43%
2023$105,828 · 0.52%
2022$145,611 · 0.74%
Similar plansTransportation & Warehousing · New Jersey
Grocery Haulers, Inc. NJ$28.8M · 0.16%
Savino Del Bene USA, Inc. NJ$26.7M · 0.46%
Ecg NJ$19.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742078596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.