Plan Ledger DOL Form 5500 · updated monthly

Transpro Holdings Group, Inc.401(k)

CAROLINA FREIGHTWAYS, INC. 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Transpro Holdings Group, Inc. reported $19,525 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,142 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 1.26% to 0.97%. 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 North Carolina (1,748th of 2,005), and 2,067th of 2,677 in transportation & warehousing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 164 to 114 since 2022.

Plan summary
Net assets, end of year$2,271,861
Participants with balances119
Active participants114
Employer contributions$130,180
Employee contributions$311,134
Employer contribution per active participant$1,142
Average account balance$19,091
Benefits paid to participants$131,866
Plan auditQualified audit opinion
AuditorKABAT, SCHERTZER, DE LA TORRE,ET AL
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 119 accts · $130K emplr
2023$1.8M · 115 accts · $175K emplr
2022$1.3M · 119 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,525
Total administrative$19,525
The Transpro Holdings Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,142
Median for plans this size$1,313
2024$1,142 per active participant
2023$1,347 per active participant
2022$1,029 per active participant

Transpro Holdings Group, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PROACCOUNT · Investment advisory (participants)$6,361

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$19,525 · 0.97%
2023$43,722 · 2.89%
2022$14,540 · 1.26%
Similar plansTransportation & Warehousing · North Carolina
Murrow's Transfer, Inc. NC$2.9M · 0.84%
Hardy Brothers, Inc. NC$2.6M · 0.07%
Swing Transport Inc NC$1.9M · 0.14%
W.L.A., Inc. NC$1.7M · 0.46%
Holiday Companies, Inc. NC$1.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273064723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.