Plan Ledger DOL Form 5500 · updated monthly

Transcanada USA Services Inc.401(k)

TRANSCANADA 401(K) AND SAVINGS PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Transcanada USA Services Inc. reported $210,585 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,094 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 0.01% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 35th of 2,677 in transportation & warehousing. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,123,845,303
Participants with balances4,279
Active participants3,146
Employer contributions$41,192,327
Employee contributions$42,131,186
Employer contribution per active participant$13,094
Average account balance$262,642
Benefits paid to participants$94,626,606
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 4,279 accts · $41.2M emplr
2023$996.4M · 4,398 accts · $38.7M emplr
2022$831.8M · 4,318 accts · $34.7M emplr
Administrative expenses, itemized · 2024
Investment management$282,567
Total administrative$210,585
The Transcanada USA Services Inc. 401(k) match · 2024
Employer contribution per active participant$13,094
Median for plans this size$5,259
2024$13,094 per active participant
2023$11,266 per active participant
2022$11,151 per active participant

Transcanada USA Services Inc.'s 2024 employer contribution ran above the $5,259 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$145,705
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$210,585 · 0.02%
2023$160,969 · 0.02%
2022$114,602 · 0.01%
Same employer
Similar plansTransportation & Warehousing
Exel Inc. OH$1.2B · 0.07%
Spirit Airlines, Inc. FL$1.2B · 0.04%
Atlas Air, Inc. NY$1.1B · 0.04%
Univar Solutions USA Inc. IL$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980460263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.