Plan Ledger DOL Form 5500 · updated monthly

Steam Logistics, LLC401(k)

STEAM LOGISTICS 401(K) PLAN · CHATTANOOGA, TN · plan year 2025

Reported admin expense ratio · 2025
0.18%

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

Steam Logistics, LLC reported $18,875 in plan administrative expenses for 2025: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,966 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 fell from 0.19% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Tennessee (776th of 1,496), and the 1,044th of 2,677 in transportation & warehousing. In 2025, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 1,234 to 474 since 2022.

Plan summary
Net assets, end of year$11,902,242
Participants with balances428
Active participants474
Employer contributions$932,009
Employee contributions$1,577,587
Employer contribution per active participant$1,966
Average account balance$27,809
Benefits paid to participants$1,280,401
Plan auditUnmodified (clean) audit opinion
AuditorJASON UNDERWOOD CPA, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$11.9M · 428 accts · $932K emplr
2024$8.9M · 406 accts · $796K emplr
2023$6.6M · 418 accts · $902K emplr
2022$4.2M · 420 accts · $981K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$18,875
Total administrative$18,875
The Steam Logistics, LLC 401(k) match · 2025
Employer contribution per active participant$1,966
Median for plans this size$2,666
2025$1,966 per active participant
2024$1,540 per active participant
2023$651 per active participant
2022$795 per active participant

Steam Logistics, LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$18,875 · 0.18%
2024$12,125 · 0.16%
2023$11,250 · 0.21%
2022$6,445 · 0.19%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Ascend Leasing, LLC TN$14.4M · 1.43%
Axle Logistics, LLC TN$14.3M · 0.01%
Hines Furlong Line, Inc. TN$11.5M · 0.48%
Western Express, Inc. TN$10.6M · 0.24%
Best Brands Inc. TN$10.3M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461377081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.