Target Trans-Logic, LLC401(k)
TARGET TRANS-LOGIC, LLC 401(K) · MINERAL RIDGE, OH · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Target Trans-Logic, LLC reported $2,717 in plan administrative expenses for 2023: 0.28% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,079 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 0.11% to 0.24%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Ohio (3,156th of 3,295), and 2,299th of 2,677 in transportation & warehousing. active participation has grown from 105 to 130 since 2022.
Target Trans-Logic, LLC's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 270608358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.