Plan Ledger DOL Form 5500 · updated monthly

Transport Leasing Company dba Transystems Services401(k)

TRANSYSTEMS RETIREMENT PLAN · GREAT FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Transport Leasing Company dba Transystems Services reported $7,026 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $468 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 0.11% to 0.09%. 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 Montana (144th of 229), and the 1,292nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 604 to 753 since 2022.

Plan summary
Net assets, end of year$8,018,131
Participants with balances218
Active participants753
Employer contributions$352,481
Employee contributions$666,997
Employer contribution per active participant$468
Average account balance$36,780
Benefits paid to participants$662,018
Plan auditUnmodified (clean) audit opinion
AuditorJCCS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 218 accts · $352K emplr
2023$6.8M · 196 accts · $304K emplr
2022$5.9M · 189 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,026
Total administrative$7,026
The Transport Leasing Company dba Transystems Services 401(k) match · 2024
Employer contribution per active participant$468
Median for plans this size$1,313
2024$468 per active participant
2023$428 per active participant
2022$446 per active participant

Transport Leasing Company dba Transystems Services's 2024 employer contribution ran below the $1,313 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 · 20241
EDWARD D JONES & COMPANY · Investment advisory (plan)$18,526

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$7,026 · 0.09%
2023$5,419 · 0.09%
2022$7,203 · 0.11%
Same employer
Similar plansTransportation & Warehousing · Montana
The Waggoners Trucking MT$11.7M · 0.30%
Warren Transport MT$7.5M · 0.73%
Freight Agency, Inc. MT$3.0M · 0.39%
Avmax Montana, Inc. MT$1.8M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810359563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.