Plan Ledger DOL Form 5500 · updated monthly

Southeast Missouri Transportation Services, Inc.403(b)

SMTS, INC. 403(B) PLAN · FREDERICKTOWN, MO · plan year 2022

Reported admin expense ratio · 2022
1.26%

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

Southeast Missouri Transportation Services, Inc. reported $15,301 in plan administrative expenses for 2022: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $514 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 Missouri (1,309th of 1,393), and 2,250th of 2,677 in transportation & warehousing. In 2022, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,315,371
Participants with balances83
Active participants169
Employer contributions$86,804
Employee contributions$122,457
Employer contribution per active participant$514
Average account balance$15,848
Benefits paid to participants$92,102
Plan auditDisclaimer of opinion
AuditorVAN DE VEN, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,241
Total administrative$15,301
Employer contributions to the Southeast Missouri Transportation Services, Inc. plan · 2022
Employer contribution per active participant$514
Median for plans this size$1,114

Southeast Missouri Transportation Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,301 · 1.26%
Similar plansTransportation & Warehousing · Missouri
Davidson Logistics, Inc. MO$1.4M · 1.13%
Trailiner Corporation MO$1.4M · 0.95%
Certified Express, Inc. MO$720K · 0.51%
Larken Logistics LLC MO$349K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431015444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.