Plan Ledger DOL Form 5500 · updated monthly

Sutton Transport, Inc.401(k)

SUTTON TRANSPORT, INC. 401(K) PLAN · WESTON, WI · plan year 2023

Reported admin expense ratio · 2023
1.47%

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

Sutton Transport, Inc. reported $106,244 in plan administrative expenses for 2023: 1.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $693 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 1 year on file its reported administrative ratio rose from 1.38% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Wisconsin (1,354th of 1,936), and the 1,234th of 2,677 in transportation & warehousing. In 2023, employees put in $3.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,866,633
Participants with balances622
Active participants713
Employer contributions$494,257
Employee contributions$1,751,242
Employer contribution per active participant$693
Average account balance$14,255
Benefits paid to participants$748,882
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $130K emplr
2023$8.9M · 622 accts · $494K emplr
2022$5.6M · 527 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,470
Investment management$80,774
Total administrative$106,244
The Sutton Transport, Inc. 401(k) match · 2023
Employer contribution per active participant$693
Median for plans this size$1,308

Sutton Transport, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Trustee$80,774
ADP, INC. · Loan processing · Recordkeeping$25,470
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ROYAL ALLIANCE ASSOCIATES, INC.
2023ADP, ROYAL ALLIANCE ASSOCIATES, INC.

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Administrative cost history3
2024Not separately reported
2023$106,244 · 1.47%
2022$70,556 · 1.38%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
Leman U.S.A. Inc. WI$9.4M · 0.27%
Kobussen Buses, LTD. WI$8.4M · 0.58%
Rands Trucking, Inc. WI$8.2M · 0.28%
Veriha Trucking, Inc. WI$7.8M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391513756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.