Plan Ledger DOL Form 5500 · updated monthly

Transervice Logistics, Inc.401(k)

TRANSERVICE RETIREMENT PLAN · LAKE SUCESS, NY · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Transervice Logistics, Inc. reported $12,487 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,633 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 0.03% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,811th-largest of 5,648 plans among New York employers on file, and the 512th of 2,677 in transportation & warehousing. In 2022, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,741,690
Participants with balances570
Active participants548
Employer contributions$895,049
Employee contributions$2,405,970
Employer contribution per active participant$1,633
Average account balance$59,196
Benefits paid to participants$10,049,914
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 317 accts · $328K emplr
2023$9.6M · 279 accts · $299K emplr
2022$33.7M · 570 accts · $895K emplr
Administrative expenses, itemized · 2022
Investment management$7,583
Total administrative$12,487
The Transervice Logistics, Inc. 401(k) match · 2022
Employer contribution per active participant$1,633
Median for plans this size$2,266
2024$1,045 per active participant
2023$955 per active participant
2022$1,633 per active participant

Transervice Logistics, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$19,031 · 0.18%
2023$25,331 · 0.12%
2022$12,487 · 0.03%
All plans at this employer2
TRANSERVICE RETIREMENT PLAN401(k)
TRANSERVICE RETIREMENT PLAN FOR NON-UNION EMPLOYEES401(k)
Same employer
Similar plansTransportation & Warehousing · New York
Emo Trans, Inc. NY$41.2M · 0.30%
Wadhams Enterprises, Inc. NY$36.5M · 0.44%
National Cargo Bureau, Inc. NY$34.2M · 0.05%
Avox Systems, Inc. NY$31.7M · 0.01%
Via Transportation, Inc. NY$31.5M · 0.03%
Janel Corporation NY$30.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113283281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.