Plan Ledger DOL Form 5500 · updated monthly

Saddle Creek Corporation dba Saddle Creek Logistics401(k)

SADDLE CREEK CORPORATION RETIREMENT SAVINGS PLAN · LAKELAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Saddle Creek Corporation dba Saddle Creek Logistics reported $548,004 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,442 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 0.41% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 228th-largest of 3,644 plans among Florida employers on file, and the 178th of 2,677 in transportation & warehousing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$155,538,356
Participants with balances5,800
Active participants4,568
Employer contributions$6,588,361
Employee contributions$15,060,431
Employer contribution per active participant$1,442
Average account balance$26,817
Benefits paid to participants$17,056,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$155.5M · 5,800 accts · $6.6M emplr
2023$133.3M · 5,661 accts · $13.0M emplr
2022$100.9M · 5,493 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$465,674
Investment management$56,566
Total administrative$548,004
The Saddle Creek Corporation dba Saddle Creek Logistics 401(k) match · 2024
Employer contribution per active participant$1,442
Median for plans this size$3,635
2024$1,442 per active participant
2023$2,811 per active participant
2022$1,108 per active participant

Saddle Creek Corporation dba Saddle Creek Logistics's 2024 employer contribution ran below the $3,635 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 · 20246
PNC BANK NA · Investment advisory (plan)$56,250
ONEDIGITAL INVESTMENT ADVISORS LLC$12,500
LPL FINANCIAL$12,364
QDRO CONSULTANTS COMPANY, LLC$900
EMPOWER ADVISORY GROUP, LLC · Investment management$316

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$548,004 · 0.38%
2023$552,930 · 0.47%
2022$438,436 · 0.41%
Same employer
Similar plansTransportation & Warehousing · Florida
Ncl Bahamas LTD FL$330.2M
Signature Aviation USA, LLC FL$304.4M · 0.17%
Xojet Aviation, LLC FL$133.1M · 0.26%
The Suddath Companies FL$89.9M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591166474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.