Plan Ledger DOL Form 5500 · updated monthly

Tornado Bus Company401(k)

TORNADO AND EL EXPRESO BUS COMPANY 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.68%

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

Tornado Bus Company reported $5,913 in plan administrative expenses for 2023: 0.68% of average plan assets, below the peer median. Employer contributions averaged $340 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 1 year on file its reported administrative ratio fell from 1.34% to 0.68%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (5,202nd of 5,688), and 2,271st of 2,677 in transportation & warehousing. In 2023, employees put in $4.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,211,101
Participants with balances335
Active participants377
Employer contributions$128,218
Employee contributions$528,141
Employer contribution per active participant$340
Average account balance$3,615
Benefits paid to participants$109,806
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 335 accts · $128K emplr
2022$534K · 263 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,857
Investment management$56
Total administrative$5,913
The Tornado Bus Company 401(k) match · 2023
Employer contribution per active participant$340
Median for plans this size$522
2023$340 per active participant
2022$250 per active participant

Tornado Bus Company's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Recordkeeping · Investment advisory (participants)$5,913

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

Administrative cost history2
2023$5,913 · 0.68%
2022$5,023 · 1.34%
Same employer
Similar plansTransportation & Warehousing · Texas
Rocking T Inc. TX$1.2M · 0.16%
Zengistics Solutions Inc. TX$1.1M · 0.39%
AMC Bus, Inc. TX$1.0M · 0.23%
Jamco International TX$992K · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760420689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.