Plan Ledger DOL Form 5500 · updated monthly

Tremblays Bus Company401(k)

TREMBLAYS BUS CO LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW BEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Tremblays Bus Company reported $5,301 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $472 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 0.02% to 0.11%. 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 Massachusetts (2,300th of 2,726), and 1,620th of 2,677 in transportation & warehousing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 194 to 426 since 2022.

Plan summary
Net assets, end of year$5,102,260
Participants with balances195
Active participants426
Employer contributions$201,125
Employee contributions$371,439
Employer contribution per active participant$472
Average account balance$26,165
Benefits paid to participants$388,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 195 accts · $201K emplr
2023$4.5M · 154 accts · $177K emplr
2022$3.8M · 147 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,301
Total administrative$5,301
The Tremblays Bus Company 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$1,313
2024$472 per active participant
2023$573 per active participant
2022$742 per active participant

Tremblays Bus Company's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Administrative cost history3
2024$5,301 · 0.11%
2023$2,842 · 0.07%
2022$1,003 · 0.02%
Similar plansTransportation & Warehousing · Massachusetts
H&L Bloom Inc. MA$5.9M · 0.18%
Xpress Natural Gas, LLC MA$5.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201259842 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.