Plan Ledger DOL Form 5500 · updated monthly

Spears Delivery Service Inc401(k)

SPEARS DELIVERY SERVICE INC 401(K) PLAN · BERWYN, IL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Spears Delivery Service Inc reported $1,388 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $588 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,588th of 3,702), and 2,482nd of 2,677 in transportation & warehousing. In 2024, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$361,908
Participants with balances68
Active participants75
Employer contributions$44,119
Employee contributions$144,855
Employer contribution per active participant$588
Average account balance$5,322
Benefits paid to participants$94,908
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$1,388
Total administrative$1,388
The Spears Delivery Service Inc 401(k) match · 2024
Employer contribution per active participant$588
Median for plans this size$540

Spears Delivery Service Inc's 2024 employer contribution ran above the $540 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.

Administrative cost history1
2024$1,388 · 0.47%
Same employer
Similar plansTransportation & Warehousing · Illinois
Lakeview Bus Lines Inc. IL$433K · 0.44%
Dauntless Delivery LLC IL$423K · 0.46%
Hph Transport, Inc. IL$423K · 5.06%
Merx Global, Inc. IL$399K · 1.21%
Amazing Home Delivery LLC IL$350K · 0.47%
Bear Down Logistics Inc IL$349K · 2.07%
St Management, Inc IL$323K · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852160135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.