Plan Ledger DOL Form 5500 · updated monthly

T.H. Ryan Cartage Co.401(k)

T.H. RYAN CARTAGE CO./L & D DRIVERS SERVICE 401(K) PLAN · MAYWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

T.H. Ryan Cartage Co. reported $27,144 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $440 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 0.52% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (3,074th of 3,702), and 1,770th of 2,677 in transportation & warehousing. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,092,850
Participants with balances113
Active participants194
Employer contributions$85,376
Employee contributions$245,413
Employer contribution per active participant$440
Average account balance$36,220
Benefits paid to participants$323,176
Plan auditUnmodified (clean) audit opinion
AuditorPETER SHANNON & CO
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 113 accts · $85K emplr
2023$3.7M · 109 accts · $81K emplr
2022$3.8M · 115 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,832
Investment management$13,312
Total administrative$27,144
The T.H. Ryan Cartage Co. 401(k) match · 2024
Employer contribution per active participant$440
Median for plans this size$1,313
2024$440 per active participant
2023$429 per active participant
2022$473 per active participant

T.H. Ryan Cartage Co.'s 2024 employer contribution ran below the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$13,832
WINTRUST WEALTH MANAGEMENT · Investment advisory (plan)$13,312

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,144 · 0.69%
2023$25,696 · 0.69%
2022$21,299 · 0.52%
Similar plansTransportation & Warehousing · Illinois
Middle River Marine, LLC IL$4.7M · 0.69%
Cargo Partner Network IL$4.5M · 0.14%
Lanter Distributing LLC IL$4.2M · 0.98%
Double D Express, Inc. IL$3.9M · 0.61%
Jung Truck Service, Inc. IL$3.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362096450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.