Plan Ledger DOL Form 5500 · updated monthly

Skelton Truck Lines, Inc.401(k)

SKELTON TRUCK LINES INC 401(K) PROFIT SHARING PLAN & TRUST · CANAL WINCHESTER, OH · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Skelton Truck Lines, Inc. reported $4,288 in plan administrative expenses for 2023: 0.29% of average plan assets, below the peer median. Employer contributions averaged $795 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 1 year on file its reported administrative ratio rose from 0.23% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (3,059th of 3,295), and 1,514th of 2,240 in accommodation & food services. In 2023, employees put in $4.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,707,847
Participants with balances182
Active participants184
Employer contributions$146,337
Employee contributions$593,695
Employer contribution per active participant$795
Average account balance$9,384
Benefits paid to participants$509,843
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $61K emplr
2023$1.7M · 182 accts · $146K emplr
2022$1.3M · 177 accts · $130K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,854
Investment management$434
Total administrative$4,288
The Skelton Truck Lines, Inc. 401(k) match · 2023
Employer contribution per active participant$795
Median for plans this size$1,308
2023$795 per active participant
2022$756 per active participant

Skelton Truck Lines, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Recordkeeping · Investment advisory (participants)$4,288

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024Not separately reported
2023$4,288 · 0.29%
2022$2,743 · 0.23%
Same employer
Similar plansAccommodation & Food Services · Ohio
Speedy Management, LTD. OH$2.0M · 1.51%
Good Food, Inc. OH$1.8M · 0.12%
Adeeb Sons Inc OH$1.5M · 3.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522361286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.