Plan Ledger DOL Form 5500 · updated monthly

Smart Warehousing, LLC401(k)

SMART WAREHOUSING, LLC 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Smart Warehousing, LLC reported $55,812 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,287 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 0.33% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Kansas (439th of 828), and the 1,041st of 2,677 in transportation & warehousing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,954,730
Participants with balances314
Active participants480
Employer contributions$617,740
Employee contributions$1,120,208
Employer contribution per active participant$1,287
Average account balance$38,072
Benefits paid to participants$1,097,685
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 314 accts · $618K emplr
2023$9.4M · 349 accts · $690K emplr
2022$7.0M · 296 accts · $639K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,157
Investment management$13,547
Total administrative$55,812
The Smart Warehousing, LLC 401(k) match · 2024
Employer contribution per active participant$1,287
Median for plans this size$2,416
2024$1,287 per active participant
2023$1,756 per active participant
2022$1,367 per active participant

Smart Warehousing, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$28,284
MARINER LLC · Investment advisory (plan)$13,546

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$55,812 · 0.52%
2023$29,537 · 0.36%
2022$23,212 · 0.33%
Same employer
Similar plansTransportation & Warehousing · Kansas
Miq Logistics, LLC KS$18.0M · 0.25%
Jacobson Holdings, Inc. KS$15.1M · 0.86%
Hallcon Corporation KS$14.6M · 0.29%
Intermodal Marketing, Inc. KS$11.6M · 0.01%
Alliance AG & Grain, LLC KS$10.6M · 0.28%
National Carriers, Inc. KS$10.5M · 0.14%
Fry-Wagner Systems, Inc. KS$8.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810571042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.