Plan Ledger DOL Form 5500 · updated monthly

Student Transportation of America, Inc.401(k)

STUDENT TRANSPORTATION OF AMERICA, INC. 401K SAVINGS PLAN · WALL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Student Transportation of America, Inc. reported $316,117 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $121 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 0.48% to 0.69%. 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 588th-largest of 2,419 plans among New Jersey employers on file, and the 391st of 2,677 in transportation & warehousing. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,104,612
Participants with balances2,712
Active participants12,565
Employer contributions$1,516,190
Employee contributions$5,676,701
Employer contribution per active participant$121
Average account balance$17,738
Benefits paid to participants$7,538,207
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 2,712 accts · $1.5M emplr
2023$43.1M · 2,639 accts · $1.5M emplr
2022$36.3M · 2,426 accts · $1.3M emplr
The Student Transportation of America, Inc. 401(k) match · 2024
Employer contribution per active participant$121
Median for plans this size$2,416
2024$121 per active participant
2023$116 per active participant
2022$96 per active participant

Student Transportation of America, 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 · 20245
THE ANGELL PENSION GROUP INC · Contract administrator$78,560
CARON & BLETZER, PLLC$16,500
EMPOWER ADVISORY GROUP, LLC · Investment management$15,431
EQUITABLE ADVISORS LLCindirect 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$316,117 · 0.69%
2023$205,744 · 0.52%
2022$160,644 · 0.48%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Academy Bus, LLC NJ$48.5M · 0.20%
Board of Trustees NJ$44.5M · 0.25%
Corcentric, Inc. NJ$41.8M · 0.20%
Western Carriers, Inc. NJ$41.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223512226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.