Plan Ledger DOL Form 5500 · updated monthly

Trans-Global Solutions, Inc.401(k)

ECONO-RAIL 401(K) & PROFIT SHARING PLAN · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Trans-Global Solutions, Inc. reported $49,744 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $524 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 0.67% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (2,909th of 5,688), and the 1,086th of 2,677 in transportation & warehousing. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has grown from 331 to 464 since 2022.

Plan summary
Net assets, end of year$11,175,140
Participants with balances484
Active participants464
Employer contributions$242,986
Employee contributions$794,301
Employer contribution per active participant$524
Average account balance$23,089
Benefits paid to participants$727,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 484 accts · $243K emplr
2023$10.4M · 410 accts · $315K emplr
2022$9.7M · 468 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,428
Investment management$3,912
Total administrative$49,744
The Trans-Global Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$2,416
2024$524 per active participant
2023$856 per active participant
2022$707 per active participant

Trans-Global Solutions, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,428
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$19,403

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$49,744 · 0.46%
2023$61,422 · 0.61%
2022$66,753 · 0.67%
Same employer
Similar plansTransportation & Warehousing · Texas
Heli-One (U.S.) Inc. TX$11.4M · 0.11%
Houston Food Bank TX$11.4M · 0.38%
Southern Mail Service, Inc. TX$11.3M · 2.39%
Berry Aviation, Inc. TX$11.1M · 0.32%
Pate Trucking Company, LLC TX$10.5M · 0.78%
Hoyer Global USA Inc TX$10.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741974273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.