Plan Ledger DOL Form 5500 · updated monthly

Timco Logistics Systems, Inc.401(k)

TIMCO LOGISTICS SYSTEMS, INC. 401(K) PLAN · WAXAHACHIE, TX · plan year 2023

Reported admin expense ratio · 2023
0.30%

Timco Logistics Systems, Inc. reported $9,610 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. 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 0.30% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,456th of 5,688), and 1,861st of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$3,446,207
Participants with balances529
Active participants328
Employer contributions—
Employee contributions$398,678
Employer contribution per active participant—
Average account balance$6,515
Benefits paid to participants$221,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 552 accts
2023$3.4M · 529 accts
2022$2.9M · 469 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,570
Total administrative$9,610
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AMERICAN FUNDS · Recordkeeping · Investment management$5,570
ARMANINO, LLP · Consulting · Pension consulting$4,040

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AMERICAN FUNDS
2023AMERICAN FUNDS

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

Administrative cost history3
2024$17,792 · 0.55%
2023$9,610 · 0.30%
2022$9,125 · 0.30%
Same employer
Similar plansTransportation & Warehousing · Texas
Tbc - the Boring Company TX$3.8M · 0.16%
Cletex Trucking, Inc. TX$3.7M · 0.05%
Fetch Package Inc. TX$3.5M · 1.71%
Interconnect Wiring, LLP TX$2.8M · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203866219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.