Plan Ledger DOL Form 5500 · updated monthly

Trailer Bridge, Inc.401(k)

TRAILER BRIDGE, INCORPORATED RETIREMENT SAVINGS PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Trailer Bridge, Inc. reported $55,438 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $2,371 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 0.44% to 0.70%. 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 Florida (1,949th of 3,644), and the 1,251st of 2,677 in transportation & warehousing. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,541,225
Participants with balances292
Active participants241
Employer contributions$571,446
Employee contributions$1,147,614
Employer contribution per active participant$2,371
Average account balance$29,251
Benefits paid to participants$1,614,193
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 292 accts · $571K emplr
2023$7.4M · 283 accts · $534K emplr
2022$5.5M · 284 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,933
Investment management$505
Total administrative$55,438
The Trailer Bridge, Inc. 401(k) match · 2024
Employer contribution per active participant$2,371
Median for plans this size$1,313
2024$2,371 per active participant
2023$2,294 per active participant
2022$1,899 per active participant

Trailer Bridge, Inc.'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 · 20243
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$8,665
KESTRA ADVISORY SERVICESindirect comp

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$55,438 · 0.70%
2023$44,406 · 0.69%
2022$25,083 · 0.44%
Same employer
Similar plansTransportation & Warehousing · Florida
Bekins A-1 Movers, Inc FL$10.1M · 0.11%
Walpole, Inc. FL$9.7M · 0.64%
Western Global Airlines FL$9.6M · 1.26%
Sts Holdings, LLC FL$9.5M · 0.65%
Norcom Realty Corp. FL$7.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133617986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.