Plan Ledger DOL Form 5500 · updated monthly

Transportation Management Consultants, Inc.401(k)

TRANSPORTATION SPECIALIST 401(K) & PROFIT SHARING PLAN · KANKAKEE, IL · plan year 2024

Reported admin expense ratio · 2024
1.39%

Transportation Management Consultants, Inc. reported $87,673 in plan administrative expenses for 2024: 1.39% of average plan assets, higher than ~90% of peers. 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 1.17% to 1.39%. 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 Illinois (2,775th of 3,702), and 1,447th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$6,541,933
Participants with balances540
Active participants225
Employer contributions—
Employee contributions$382,419
Employer contribution per active participant—
Average account balance$12,115
Benefits paid to participants$697,793
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 540 accts
2023$6.1M · 568 accts
2022$5.1M · 568 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,567
Investment management$35,706
Trustee / custodial$400
Total administrative$87,673
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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$51,567
MORGAN STANLEY · Investment advisory (plan) · Consulting$20,207
CBIZ CPA'S P.C. · Accounting / audit$15,500

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$87,673 · 1.39%
2023$82,379 · 1.48%
2022$57,214 · 1.17%
Similar plansTransportation & Warehousing · Illinois
McLeod Express, LLC IL$7.4M · 0.64%
Avenue Logistics, LLC IL$7.0M · 0.60%
Nots Logistics, L.L.C. IL$6.2M · 1.81%
Cox Transfer, Inc. IL$5.9M · 0.42%
Compass Management, LLC IL$5.9M · 1.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363926639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.