Plan Ledger DOL Form 5500 · updated monthly

Sheppard Bus Service, Inc.401(k)

SHEPPARD BUS SERVICE, INC. EMPLOYEES SAVINGS TRUST · MILLVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Sheppard Bus Service, Inc. reported $3,219 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $427 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 0.03% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,842nd of 2,419), and 1,567th of 2,677 in transportation & warehousing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 416 to 521 since 2022.

Plan summary
Net assets, end of year$5,515,632
Participants with balances198
Active participants521
Employer contributions$222,472
Employee contributions$425,360
Employer contribution per active participant$427
Average account balance$27,857
Benefits paid to participants$310,329
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 198 accts · $222K emplr
2023$4.6M · 174 accts · $172K emplr
2022$3.7M · 174 accts · $176K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,219
Total administrative$3,219
The Sheppard Bus Service, Inc. 401(k) match · 2024
Employer contribution per active participant$427
Median for plans this size$1,313
2024$427 per active participant
2023$392 per active participant
2022$423 per active participant

Sheppard Bus Service, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
ASCENSUS HOLDINGS INC. · Contract administrator$1,785
EMPOWER ADVISORY GROUP, LLC · Investment management$314

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$3,219 · 0.06%
2023$76 · 0.00%
2022$1,030 · 0.03%
Similar plansTransportation & Warehousing · New Jersey
Rls Managed Services LLC NJ$7.7M · 0.74%
H&M Intl Transportation NJ$6.4M · 0.55%
Daybreak Express, Inc. NJ$5.3M · 0.04%
All Chemical Transport NJ$5.2M · 0.15%
Worldwide Logistics Inc NJ$4.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221734132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.