Plan Ledger DOL Form 5500 · updated monthly

Smart Motion Logistics401(k)

SMART MOTION LOGISTICS 401(K) PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Smart Motion Logistics reported $439 in plan administrative expenses for 2024: 0.45% of average plan assets, lower than ~75% of peers. Employer contributions averaged $335 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 0.14% to 0.45%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (5,615th of 5,688), and 2,613th of 2,677 in transportation & warehousing. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$137,388
Participants with balances202
Active participants92
Employer contributions$30,821
Employee contributions$54,783
Employer contribution per active participant$335
Average account balance$680
Benefits paid to participants$18,225
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$137K · 202 accts · $31K emplr
2023$59K · 106 accts · $21K emplr
Administrative expenses, itemized · 2024
Investment management$439
Total administrative$439
The Smart Motion Logistics 401(k) match · 2024
Employer contribution per active participant$335
Median for plans this size$540
2024$335 per active participant
2023$291 per active participant

Smart Motion Logistics's 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$439 · 0.45%
2023$83 · 0.14%
Similar plansTransportation & Warehousing · Texas
Rover Logistics LLC TX$206K · 0.40%
Cadence Delivery LLC TX$191K · 0.19%
E-Force Logistics LLC TX$167K · 0.45%
Royal Express, Inc. TX$75K · 1.33%
Dot Compliance Group LLC TX$58K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270887005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.