Plan Ledger DOL Form 5500 · updated monthly

Transportation Services, Inc.401(k)

TSI 401(K) PROFIT SHARING PLAN · ROMULUS, MI · plan year 2023

Reported admin expense ratio · 2023
0.27%

Transportation Services, Inc. reported $12,029 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. 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 fell from 0.32% to 0.27%. 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 Michigan (2,012th of 2,619), and 1,648th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$4,936,674
Participants with balances147
Active participants319
Employer contributions—
Employee contributions$426,496
Employer contribution per active participant—
Average account balance$33,583
Benefits paid to participants$263,180
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.9M · 147 accts
2022$4.1M · 152 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$240
Investment management$11,789
Total administrative$12,029
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
RPA FINANCIAL, LLC · Recordkeeping · Trustee$11,788
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2023$12,029 · 0.27%
2022$12,456 · 0.32%
Same employer
Similar plansTransportation & Warehousing · Michigan
B & B Trucking, Inc. MI$6.2M · 0.25%
Ken Graham Trucking, Inc. MI$6.2M · 0.07%
Northern Logistics, Inc. MI$4.8M · 0.70%
Hsd Operations, Inc. MI$4.5M · 0.66%
Day & Ross USA, Inc. MI$4.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382265264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.