Plan Ledger DOL Form 5500 · updated monthly

Team Air Express, Inc.401(k)

TEAM AIR EXPRESS 401(K) PLAN · WINNSBORO, TX · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Team Air Express, Inc. reported $16,075 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,723 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,722nd of 5,688), and 9,239th of 11,654 in professional & technical services. In 2022, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,428,433
Participants with balances97
Active participants105
Employer contributions$180,874
Employee contributions$268,040
Employer contribution per active participant$1,723
Average account balance$66,273
Benefits paid to participants$382,288
Plan auditUnmodified (clean) audit opinion
AuditorTURNER STONE & COMPANY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,075
Total administrative$16,075
The Team Air Express, Inc. 401(k) match · 2022
Employer contribution per active participant$1,723
Median for plans this size$1,114

Team Air Express, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,075 · 0.24%
Similar plansProfessional & Technical Services · Texas
Worksoft, Inc. TX$6.5M · 0.42%
Corva Ai, LLC TX$6.5M · 0.48%
Talent Logic, Inc. TX$6.5M · 0.31%
Logical Innovations, Inc. TX$6.4M · 0.37%
Polunsky & Beitel, P.C. TX$6.4M · 0.85%
Allied Workforce, Inc. TX$6.3M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751659990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.