Plan Ledger DOL Form 5500 · updated monthly

Transportation Impact LLC401(k)

TRANSPORTATION IMPACT, LLC 401(K) PROFIT SHARING PLAN · EMERALD ISLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Transportation Impact LLC reported $83,965 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,700 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 0.83% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 982nd-largest of 2,005 plans among North Carolina employers on file, and the 871st of 2,534 in administrative & support services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,562,528
Participants with balances151
Active participants170
Employer contributions$799,018
Employee contributions$1,609,622
Employer contribution per active participant$4,700
Average account balance$83,196
Benefits paid to participants$3,447,086
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 151 accts · $799K emplr
2023$11.8M · 169 accts · $901K emplr
2022$7.9M · 174 accts · $861K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,965
Total administrative$83,965
The Transportation Impact LLC 401(k) match · 2024
Employer contribution per active participant$4,700
Median for plans this size$2,416
2024$4,700 per active participant
2023$5,491 per active participant
2022$4,654 per active participant

Transportation Impact LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$79,554
DEFINITI LLC · Contract administrator · Other services$4,411
MWA FINANCIAL SERVICES INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$83,965 · 0.69%
2023$79,422 · 0.81%
2022$63,492 · 0.83%
Same employer
Similar plansAdministrative & Support Services · North Carolina
Revco Solutions, Inc. NC$14.3M · 0.41%
W.T. Humphrey, Inc. NC$14.1M · 0.81%
Zapata Group Inc NC$12.2M · 0.27%
Zapata Group Inc NC$10.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262683818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.