Plan Ledger DOL Form 5500 · updated monthly

Spartan Warehouse & Distribution Company, Inc.401(k)

SPARTAN LOGISTICS 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Spartan Warehouse & Distribution Company, Inc. reported $11,415 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $923 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 0.11% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (2,128th of 3,295), and the 1,247th of 2,677 in transportation & warehousing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,634,500
Participants with balances181
Active participants382
Employer contributions$352,632
Employee contributions$666,570
Employer contribution per active participant$923
Average account balance$47,704
Benefits paid to participants$466,203
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAFFER, HACKETT
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 181 accts · $353K emplr
2023$7.0M · 187 accts · $364K emplr
2022$5.4M · 124 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,415
Total administrative$11,415
The Spartan Warehouse & Distribution Company, Inc. 401(k) match · 2024
Employer contribution per active participant$923
Median for plans this size$1,313
2024$923 per active participant
2023$790 per active participant
2022$640 per active participant

Spartan Warehouse & Distribution Company, Inc.'s 2024 employer contribution ran below the $1,313 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.

Service providers · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$49,281

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,415 · 0.15%
2023$10,089 · 0.16%
2022$6,298 · 0.11%
Similar plansTransportation & Warehousing · Ohio
Jrayl Transport Inc. OH$9.9M · 0.67%
Dee Holdings, Inc. OH$9.3M · 0.72%
Bbi Logistics, LLC OH$8.2M · 1.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311251987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.