Plan Ledger DOL Form 5500 · updated monthly

Smith Transport, Inc. Profit SharinProfit-sharing plan

SMITH TRANSPORT, INC. PROFIT SHARING PLAN · ROARING SPRINGS, PA · plan year 2023

Reported admin expense ratio · 2023
0.17%

Smith Transport, Inc. Profit Sharin reported $164,488 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. 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 0.17% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 492nd-largest of 3,651 plans among Pennsylvania employers on file, and the 250th of 2,677 in transportation & warehousing. active participation has grown from 521 to 1,055 since 2022.

Plan summary
Net assets, end of year$94,895,184
Participants with balances1,917
Active participants1,055
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$49,502
Benefits paid to participants$4,182,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.4M · 1,883 accts
2023$94.9M · 1,917 accts
2022$94.6M · 1,952 accts · $17.6M emplr
Administrative expenses, itemized · 2023
Investment management$164,488
Total administrative$164,488
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
AMERISERV TRUST FINANCIAL SERVICES · Trustee$164,488

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$281,646 · 0.30%
2023$164,488 · 0.17%
2022Not separately reported
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Armada Partners LP PA$90.7M · 0.16%
Pilot Air Freight, LLC PA$88.0M · 0.85%
Tait, LLC PA$74.9M · 0.18%
Kane Warehousing, Inc. PA$56.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251558230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.