Plan Ledger DOL Form 5500 · updated monthly

Transgroup Express, LLC401(k)

TRANSGROUP 401(K) PROFIT SHARING PLAN AND TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Transgroup Express, LLC reported $124,379 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,611 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 0.58% to 0.53%. 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 the 556th-largest of 1,714 plans among Washington employers on file, and the 586th of 2,677 in transportation & warehousing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 433 to 665 since 2022.

Plan summary
Net assets, end of year$28,287,642
Participants with balances854
Active participants665
Employer contributions$1,071,575
Employee contributions$3,556,034
Employer contribution per active participant$1,611
Average account balance$33,124
Benefits paid to participants$1,925,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 854 accts · $1.1M emplr
2023$18.2M · 502 accts · $702K emplr
2022$15.2M · 250 accts · $595K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,379
Total administrative$124,379
The Transgroup Express, LLC 401(k) match · 2024
Employer contribution per active participant$1,611
Median for plans this size$2,416
2024$1,611 per active participant
2023$1,328 per active participant
2022$1,375 per active participant

Transgroup Express, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
BRIGHTON JONES LLC · Investment advisory (plan)$72,912
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,267
HUNNEX AND SHOEMAKER · Consulting$4,100

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$124,379 · 0.53%
2023$96,168 · 0.58%
2022Not separately reported
Similar plansTransportation & Warehousing · Washington
Western Towboat Company WA$44.1M · 0.19%
Convoy, Inc. WA$34.8M · 0.24%
Flexe, Inc. WA$23.9M · 0.14%
Highline Grain Growers, Inc WA$22.6M · 0.22%
Honolulu Freight Service WA$22.3M · 0.55%
Trans-System, Inc. WA$21.9M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911477974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.