Plan Ledger DOL Form 5500 · updated monthly

Suffolk Transportation Service, Inc.401(k)

T. W. U. - S. T. S. 401(K) RETIREMENT PLAN · BAYSHORE, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Suffolk Transportation Service, Inc. reported $53,971 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,876 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 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 742nd-largest of 5,648 plans among New York employers on file, and the 227th of 2,677 in transportation & warehousing. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,921,312
Participants with balances3,201
Active participants3,007
Employer contributions$5,641,990
Employee contributions$6,604,476
Employer contribution per active participant$1,876
Average account balance$34,027
Benefits paid to participants$9,845,129
Plan auditUnmodified (clean) audit opinion
AuditorSACKLOW & ACOX, CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$108.9M · 3,201 accts · $5.6M emplr
2023$97.9M · 3,089 accts · $5.0M emplr
2022$85.4M · 3,027 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,481
Investment management$3,490
Audit (IQPA)$5,000
Total administrative$53,971
The Suffolk Transportation Service, Inc. 401(k) match · 2024
Employer contribution per active participant$1,876
Median for plans this size$3,635
2024$1,876 per active participant
2023$1,759 per active participant
2022$1,588 per active participant

Suffolk Transportation Service, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20246
SACKLOW & ACOX CPAS LLC · Accounting / audit$5,000
REYNOLDS CONSULTING SERVICES LLC · Investment advisory (plan)$2,850
ADVISED ASSETS GROUP, LLC · Investment management$640
MORGAN STANLEY & CO INCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect 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$53,971 · 0.05%
2023$61,523 · 0.07%
2022$56,885 · 0.06%
All plans at this employer2
SUFFOLK TRANSPORTATION SERVICE, INC. 401-K PLAN401(k)
T. W. U. - S. T. S. 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansTransportation & Warehousing · New York
Railworks Corporation NY$108.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111782554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.