Plan Ledger DOL Form 5500 · updated monthly

The M & W Logistics Group, Inc.401(k)

THE M & W LOGISTICS GROUP, INC. 401K PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

The M & W Logistics Group, Inc. reported $64,383 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $546 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 0.75% to 0.88%. 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 Tennessee (930th of 1,496), and the 1,324th of 2,677 in transportation & warehousing. In 2024, employees put in $6.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,634,400
Participants with balances118
Active participants180
Employer contributions$98,312
Employee contributions$665,421
Employer contribution per active participant$546
Average account balance$64,698
Benefits paid to participants$990,623
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 118 accts · $98K emplr
2023$7.1M · 119 accts · $104K emplr
2022$5.9M · 115 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,383
Total administrative$64,383
The The M & W Logistics Group, Inc. 401(k) match · 2024
Employer contribution per active participant$546
Median for plans this size$1,313
2024$546 per active participant
2023$566 per active participant
2022$466 per active participant

The M & W Logistics Group, Inc.'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 · 20244
TRANSAMERICA RETIRE SOLUTIONS LLC · Recordkeeping · Loan processing$48,486
ACCESS RETIREMENT SERVICES · Recordkeeping · Loan processing$12,055
RAYMOND JAMES AND ASSC INC. · Insurance broker · Insurance servicesindirect 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
2024ACCESS RETIREMENT SERVICES, Transamerica
2023ACCESS RETIREMENT SERVICES, Transamerica

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

Administrative cost history3
2024$64,383 · 0.88%
2023$53,926 · 0.83%
2022$45,723 · 0.75%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Titan Transfer, Inc. TN$8.9M · 0.72%
Freightwaves, Inc. TN$8.5M · 0.85%
Trident Transport, LLC TN$8.0M · 0.51%
McT Group, LLC TN$5.6M · 2.80%
Wepfer Marine, Inc. TN$5.6M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201823225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.