Plan Ledger DOL Form 5500 · updated monthly

Sprinter Services, Inc.401(k)

SPRINTER SERVICES, INC. 401(K) PLAN · GRANDVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Sprinter Services, Inc. reported $44,324 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,076 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,442nd of 2,619), and the 1,069th of 2,677 in transportation & warehousing. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,482,876
Participants with balances211
Active participants255
Employer contributions$274,256
Employee contributions$859,260
Employer contribution per active participant$1,076
Average account balance$54,421
Benefits paid to participants$921,818
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 211 accts · $274K emplr
2023$9.8M · 211 accts · $239K emplr
2022$9.7M · 213 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,674
Investment management$21,650
Total administrative$44,324
The Sprinter Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,076
Median for plans this size$2,416
2024$1,076 per active participant
2023$964 per active participant
2022$795 per active participant

Sprinter Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$22,674
STIFEL INVESTMENT SERVICES · Investment advisory (plan)$21,650

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$44,324 · 0.42%
2023$41,267 · 0.42%
2022$45,008 · 0.41%
Same employer
Similar plansTransportation & Warehousing · Michigan
Kc Transportation, Inc. MI$12.4M · 0.47%
Logistics Insight Corp. MI$12.4M · 0.12%
Universal Dedicated, Inc. MI$12.2M · 0.10%
Dean Transportation, Inc. MI$11.9M · 0.90%
Wheeler Trucking, Inc. MI$9.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382557600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.