Plan Ledger DOL Form 5500 · updated monthly

Sharp Transportation, Inc.401(k)

SHARP TRANSPORTATION, INC. 401(K) PLAN · LOGAN, UT · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Sharp Transportation, Inc. reported $15,254 in plan administrative expenses for 2022: 0.58% of average plan assets, above the peer median. Employer contributions averaged $573 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.

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 Utah (725th of 848), and 2,022nd of 2,677 in transportation & warehousing. In 2022, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,504,018
Participants with balances53
Active participants242
Employer contributions$138,573
Employee contributions$238,996
Employer contribution per active participant$573
Average account balance$47,246
Benefits paid to participants$179,673
Plan auditDisclaimer of opinion
AuditorDAVIS & BOTT, CPA'S, L.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,254
Total administrative$15,254
The Sharp Transportation, Inc. 401(k) match · 2022
Employer contribution per active participant$573
Median for plans this size$1,114

Sharp Transportation, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,254 · 0.58%
Same employer
Similar plansTransportation & Warehousing · Utah
Brady Trucking Inc UT$3.4M · 0.75%
Global Access, LLC UT$3.4M · 0.84%
Alpha Transport, Inc. UT$3.1M · 0.99%
American Logistics, LLC UT$2.4M · 0.65%
Smhg Management, LLC UT$1.6M · 0.87%
LUMIN8 Holdings, LLC UT$1.5M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870471446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.