Plan Ledger DOL Form 5500 · updated monthly

The Terminal Corporation401(k)

THE TERMINAL CORPORATION PROFIT SHARING 401(K) AND TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

The Terminal Corporation reported $28,919 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $13,944 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 Maryland (1,158th of 1,671), and 1,407th of 2,677 in transportation & warehousing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 109 to 12 since 2022.

Plan summary
Net assets, end of year$6,920,237
Participants with balances29
Active participants12
Employer contributions$167,322
Employee contributions$435,568
Employer contribution per active participant$13,944
Average account balance$238,629
Benefits paid to participants$482,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 29 accts · $167K emplr
2023$6.1M · 102 accts · $146K emplr
2022$6.0M · 111 accts · $144K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$28,919
Total administrative$28,919
The The Terminal Corporation 401(k) match · 2024
Employer contribution per active participant$13,944
Median for plans this size$1,313
2024$13,944 per active participant
2023$1,420 per active participant
2022$1,325 per active participant

The Terminal Corporation's 2024 employer contribution ran above the $1,313 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.

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 · 20246
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$28,919
FIDELITY · Investment managementindirect comp
DIMENSIONAL FUNDS · Investment managementindirect comp
OAKMARK · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp
MASS MUTUAL FUND · Investment managementindirect 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
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$28,919 · 0.44%
2023$24,249 · 0.40%
2022$28,053 · 0.43%
Similar plansTransportation & Warehousing · Maryland
Dann Marine Towing, L.C. MD$15.6M · 0.04%
Inter-Rail Transport, Inc. MD$13.3M · 0.49%
John S. Connor, Inc. MD$10.4M · 0.03%
Canton Port Services, LLC MD$4.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521349205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.