Plan Ledger DOL Form 5500 · updated monthly

Titan Transfer, Inc.401(k)

TITAN TRANSFER, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SHELBYVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Titan Transfer, Inc. reported $60,644 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $96 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 fell from 0.84% to 0.72%. 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 (882nd of 1,496), and the 1,233rd of 2,677 in transportation & warehousing. In 2024, employees put in $10.00 for every $1.00 the employer contributed; active participation has grown from 786 to 948 since 2022.

Plan summary
Net assets, end of year$8,878,502
Participants with balances236
Active participants948
Employer contributions$91,459
Employee contributions$914,341
Employer contribution per active participant$96
Average account balance$37,621
Benefits paid to participants$1,015,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 236 accts · $91K emplr
2023$7.9M · 215 accts · $84K emplr
2022$6.4M · 195 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,909
Investment management$21,732
Total administrative$60,644
The Titan Transfer, Inc. 401(k) match · 2024
Employer contribution per active participant$96
Median for plans this size$1,313
2024$96 per active participant
2023$114 per active participant
2022$101 per active participant

Titan Transfer, 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 · 20242
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$3,004
RAYMOND JAMES FSA INC · Investment advisory (participants)$21,732

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

Administrative cost history3
2024$60,644 · 0.72%
2023$49,290 · 0.69%
2022$56,050 · 0.84%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Western Express, Inc. TN$10.6M · 0.24%
Best Brands Inc. TN$10.3M · 1.17%
Freightwaves, Inc. TN$8.5M · 0.85%
Trident Transport, LLC TN$8.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621796702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.