Plan Ledger DOL Form 5500 · updated monthly

Storer Transportation Service, Inc.401(k)

STORER TRANSPORTATION SERVICE, INC. PROFIT SHARING 401(K) PLAN · MODESTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Storer Transportation Service, Inc. reported $15,990 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $641 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 0.07% to 0.08%. 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 the 3,536th-largest of 9,483 plans among California employers on file, and the 722nd of 2,677 in transportation & warehousing. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,759,309
Participants with balances425
Active participants798
Employer contributions$511,432
Employee contributions$1,715,556
Employer contribution per active participant$641
Average account balance$48,845
Benefits paid to participants$1,282,747
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 425 accts · $511K emplr
2023$17.4M · 393 accts · $473K emplr
2022$13.9M · 342 accts · $467K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,990
Total administrative$15,990
The Storer Transportation Service, Inc. 401(k) match · 2024
Employer contribution per active participant$641
Median for plans this size$2,416
2024$641 per active participant
2023$523 per active participant
2022$541 per active participant

Storer Transportation Service, 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 · 20243
JULY BUSINESS SERVICES LLC · Contract administrator$15,990
CHARLES SCHWAB BANK · Custodial · Trusteeindirect comp
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$15,990 · 0.08%
2023$7,469 · 0.05%
2022$9,877 · 0.07%
Same employer
Similar plansTransportation & Warehousing · California
Food Express, Inc. CA$21.1M · 0.20%
Sandair Corporation CA$21.1M · 0.17%
Stanley G. Alexander, Inc. CA$19.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942147709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.