Plan Ledger DOL Form 5500 · updated monthly

The Logistics Company, Inc.401(k)

THE LOGISTICS COMPANY, INC. EMPLOYEE 401(K) SAVINGS PLAN · FAYETTEVILLE, NC · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

The Logistics Company, Inc. reported $123,946 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,352 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 0.79% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 980th-largest of 2,005 plans among North Carolina employers on file, and 7,202nd of 11,654 in professional & technical services. In 2022, the employer put in $2.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,626,916
Participants with balances773
Active participants567
Employer contributions$1,900,864
Employee contributions$905,375
Employer contribution per active participant$3,352
Average account balance$16,335
Benefits paid to participants$6,416,093
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT DAVIS, LLC/PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 606 accts · $1.2M emplr
2023$10.7M · 773 accts · $1.3M emplr
2022$12.6M · 773 accts · $1.9M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$123,946
Total administrative$123,946
The The Logistics Company, Inc. 401(k) match · 2022
Employer contribution per active participant$3,352
Median for plans this size$2,266
2024$3,103 per active participant
2023$3,205 per active participant
2022$3,352 per active participant

The Logistics Company, Inc.'s 2022 employer contribution ran above the $2,266 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 history3
2024$98,125 · 0.90%
2023$105,664 · 0.91%
2022$123,946 · 0.79%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Teall Capital Partners LLC NC$13.1M · 0.87%
Commercetools, Inc. NC$12.9M · 0.04%
Metametrics, Inc. NC$12.6M · 0.50%
Cline Design Associates PA NC$12.5M · 0.58%
Bowe Systec North America NC$12.5M · 0.61%
Pharpoint Research, Inc. NC$12.3M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561974245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.