Plan Ledger DOL Form 5500 · updated monthly

South Shore Transportation Co., Inc.401(k)

SOUTH SHORE TRANSPORTATION 401(K) PLAN · SANDUSKY, OH · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

South Shore Transportation Co., Inc. reported $5,380 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,231 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,849th of 3,295), and 1,926th of 2,677 in transportation & warehousing. In 2022, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,075,577
Participants with balances80
Active participants112
Employer contributions$137,903
Employee contributions$196,894
Employer contribution per active participant$1,231
Average account balance$38,445
Benefits paid to participants$735,216
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,380
Total administrative$5,380
The South Shore Transportation Co., Inc. 401(k) match · 2022
Employer contribution per active participant$1,231
Median for plans this size$1,114

South Shore Transportation Co., Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,380 · 0.15%
Similar plansTransportation & Warehousing · Ohio
Dick Lavy Trucking, Inc OH$3.8M · 0.93%
Budco Group, Inc. OH$3.2M · 0.03%
Classic Carriers, Inc. OH$2.7M · 0.42%
First Mile Square LLC OH$2.6M · 1.26%
Dimalsa Logistics Corp OH$2.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341366489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.