Plan Ledger DOL Form 5500 · updated monthly

Stafford Transport Inc401(k)

STAFFORD TRANSPORT INC 401(K) PROFIT SHARING PLAN & TRUST · WALKER, LA · plan year 2024

Reported admin expense ratio · 2024
1.54%

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

Stafford Transport Inc reported $56,774 in plan administrative expenses for 2024: 1.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $520 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 fell from 1.97% to 1.54%. 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 Louisiana (646th of 884), and 1,781st of 2,677 in transportation & warehousing. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has grown from 410 to 481 since 2022.

Plan summary
Net assets, end of year$4,027,592
Participants with balances594
Active participants481
Employer contributions$250,090
Employee contributions$646,895
Employer contribution per active participant$520
Average account balance$6,780
Benefits paid to participants$719,449
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 594 accts · $250K emplr
2023$3.4M · 534 accts · $249K emplr
2022$2.7M · 456 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,087
Investment management$27,827
Trustee / custodial$860
Total administrative$56,774
The Stafford Transport Inc 401(k) match · 2024
Employer contribution per active participant$520
Median for plans this size$1,313
2024$520 per active participant
2023$533 per active participant
2022$455 per active participant

Stafford Transport Inc's 2024 employer contribution ran below the $1,313 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
PAYCHEX, INC. · Recordkeeping$27,600
ALLIANT RETIREMENT SERVICES LLC · Investment advisory (participants)$11,116

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

Recordkeeper by year2
2024Paychex
2023ALLIANT RETIREMENT SERVICES LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Stafford Transport Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,774 · 1.54%
2023$29,015 · 0.96%
2022$57,681 · 1.97%
Same employer
Similar plansTransportation & Warehousing · Louisiana
L&B Holdings, L.L.C. LA$6.7M · 0.65%
Port Ship Service, Inc. LA$6.2M · 0.10%
Brown Eagle Group, Inc. LA$3.4M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582407053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.