Plan Ledger DOL Form 5500 · updated monthly

Transportation Research Center Inc.401(k)

TRANSPORTATION RESEARCH CENTER INC. EMPLOYEES' RETIREMENT SAVINGS PLAN AND TRUST · EAST LIBERTY, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Transportation Research Center Inc. reported $120,234 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,232 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 0.31% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 815th-largest of 3,295 plans among Ohio employers on file, and the 469th of 2,677 in transportation & warehousing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 334 to 371 since 2022.

Plan summary
Net assets, end of year$37,810,196
Participants with balances403
Active participants371
Employer contributions$828,036
Employee contributions$1,601,588
Employer contribution per active participant$2,232
Average account balance$93,822
Benefits paid to participants$3,034,954
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY + NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.8M · 403 accts · $828K emplr
2023$33.4M · 391 accts · $712K emplr
2022$29.1M · 357 accts · $656K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,912
Investment management$48,322
Total administrative$120,234
The Transportation Research Center Inc. 401(k) match · 2024
Employer contribution per active participant$2,232
Median for plans this size$2,416
2024$2,232 per active participant
2023$1,966 per active participant
2022$1,963 per active participant

Transportation Research Center Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$71,904
CONSOLIDATED FINANCIAL · Investment advisory (plan)$74,696
RELIANCE TRUST COMPANY · Custodial (securities)indirect 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
2024The Standard
2023The Standard

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

Administrative cost history3
2024$120,234 · 0.34%
2023$197,178 · 0.63%
2022$99,328 · 0.31%
Same employer
Similar plansTransportation & Warehousing · Ohio
Commuteair LLC OH$43.7M · 0.04%
The Wheeling Corporation OH$42.6M · 0.27%
Dayton-Phoenix Group, Inc. OH$40.9M · 0.27%
Odw Logistics, Inc. OH$38.9M · 0.44%
Mormac Marine Group, Inc. OH$34.5M · 0.17%
Star Leasing Company, LLC OH$28.8M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311228202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.