Plan Ledger DOL Form 5500 · updated monthly

Transport Workers Union of America Local 513Profit-sharing plan

TRANSPORT WORKERS UNION OF AMERICA LOCAL 513 RETIREMENT PLAN · BURLESON, TX · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Transport Workers Union of America Local 513 reported $77,254 in plan administrative expenses for 2023: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,810 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 0.64% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (3,049th of 5,688), and the 1,148th of 2,677 in transportation & warehousing. active participation has grown from 187 to 237 since 2022.

Plan summary
Net assets, end of year$10,137,175
Participants with balances214
Active participants237
Employer contributions$428,999
Employee contributions—
Employer contribution per active participant$1,810
Average account balance$47,370
Benefits paid to participants$922,339
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 253 accts · $422K emplr
2023$10.1M · 214 accts · $429K emplr
2022$9.6M · 185 accts · $449K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$71,801
Total administrative$77,254
Employer contributions to the Transport Workers Union of America Local 513 plan · 2023
Employer contribution per active participant$1,810
Median for plans this size$1,308
2024$1,361 per active participant
2023$1,810 per active participant
2022$2,401 per active participant

Transport Workers Union of America Local 513's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
T ROWE PRICE RPS INC · Recordkeeping · Investment management$305
TRANSPORT WORKERS UNION 513 RET PLN · Plan administrator$89,269

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$90,986 · 1.03%
2023$77,254 · 0.78%
2022$63,877 · 0.64%
Similar plansTransportation & Warehousing · Texas
Pate Trucking Company, LLC TX$10.5M · 0.78%
Hoyer Global USA Inc TX$10.3M · 0.42%
Hawthorne Fbo Holdings, LLC TX$10.2M · 0.05%
Rcl Wiring L.P. TX$10.0M · 0.25%
Palletized Trucking Inc. TX$9.6M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751902075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.