Plan Ledger DOL Form 5500 · updated monthly

Salson Logistics Inc.401(k)

SALSON LOGISTICS INC. 401(K) PROFIT SHARING PLAN AND TRUST · NEWARK, NJ · plan year 2022

Reported admin expense ratio · 2022
1.58%

Salson Logistics Inc. reported $24,762 in plan administrative expenses for 2022: 1.58% of average plan assets, higher than ~90% of peers. 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.

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 Jersey (2,188th of 2,419), and 2,222nd of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,411,547
Participants with balances136
Active participants281
Employer contributions—
Employee contributions$271,359
Employer contribution per active participant—
Average account balance$10,379
Benefits paid to participants$265,628
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA PLLC
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 history1
2022$24,762 · 1.58%
Similar plansTransportation & Warehousing · New Jersey
On Time Transport, LLC NJ$1.5M · 0.67%
Zip Aviation NJ$1.2M · 0.57%
Belair Transport Inc. NJ$1.2M · 0.53%
US Linehaul Inc NJ$906K · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223536377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.