Plan Ledger DOL Form 5500 · updated monthly

Transportation Charter Services, Inc.401(k)

TRANSPORTATION CHARTER SERVICES, INC. 401(K) PLAN · ORANGE, CA · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Transportation Charter Services, Inc. reported $15,064 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,094 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 1 year on file its reported administrative ratio rose from 0.25% to 0.33%. 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 California (6,966th of 9,483), and 1,615th of 2,677 in transportation & warehousing. In 2023, employees put in $2.72 for every $1.00 the employer contributed; active participation has shrunk from 173 to 142 since 2022.

Plan summary
Net assets, end of year$5,119,138
Participants with balances163
Active participants142
Employer contributions$155,407
Employee contributions$422,596
Employer contribution per active participant$1,094
Average account balance$31,406
Benefits paid to participants$239,323
Plan auditUnmodified (clean) audit opinion
AuditorRICH, WIGTHMAN & CO, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $136K emplr
2023$5.1M · 163 accts · $155K emplr
2022$4.0M · 162 accts · $300K emplr
The Transportation Charter Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,094
Median for plans this size$1,308
2023$1,094 per active participant
2022$1,737 per active participant

Transportation Charter Services, Inc.'s 2023 employer contribution ran below 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 · 20235
ROCKY MOUNTAIN EMPLOYEE BENEFITS · Contract administrator · Recordkeeping$2,422
SOLTIS INVESTMENT ADVISORS · Investment advisory (plan)$14,837
EMPOWER ADVISORY GROUP · Investment management$2,198
GWFS EQUITIES INC · Securities brokerageindirect comp
BERKOWITZ POLLACK BRANT ADVISORS · Accounting / auditindirect comp

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

Recordkeeper by year2
2024ROCKY MOUNTAIN EMPLOYEE BENEFITS
2023ROCKY MOUNTAIN EMPLOYEE BENEFITS

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Administrative cost history3
2024Not separately reported
2023$15,064 · 0.33%
2022$11,495 · 0.25%
Similar plansTransportation & Warehousing · California
Gsc Logistics, Inc. CA$5.9M · 0.00%
Runbuggy Omi, Inc. CA$5.1M · 0.93%
Button Transportation CA$5.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360326013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.