Plan Ledger DOL Form 5500 · updated monthly

Triad Logistics Services Corporation401(k)

TRIAD LOGISTICS SERVICES CORPORATION 401(K) PLAN · MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
2.10%

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

Triad Logistics Services Corporation reported $93,880 in plan administrative expenses for 2024: 2.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,863 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 1.79% to 2.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,556th of 3,644), and 2,362nd of 3,341 in other services. In 2024, the employer put in $7.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,673,069
Participants with balances208
Active participants197
Employer contributions$760,934
Employee contributions$101,180
Employer contribution per active participant$3,863
Average account balance$22,467
Benefits paid to participants$954,057
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 208 accts · $761K emplr
2023$4.3M · 200 accts · $784K emplr
2022$3.3M · 209 accts · $717K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,947
Investment management$22,779
Audit (IQPA)$9,000
Trustee / custodial$3,234
Total administrative$93,880
The Triad Logistics Services Corporation 401(k) match · 2024
Employer contribution per active participant$3,863
Median for plans this size$1,313
2024$3,863 per active participant
2023$4,480 per active participant
2022$3,981 per active participant

Triad Logistics Services Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Service providers · 20243
EMPLOYEE INCENTIVE PLANS, INC. · Claims processing · Contract administrator$32,947
ATLASMARK FINANCIAL, INC · Consulting · Investment advisory (participants)$22,779
FIDELITY BROKERAGE SERVICES, INC. · Claims processing · Custodial (securities)$3,234

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

Recordkeeper by year2
2024EMPLOYEE INCENTIVE PLANS, INC.
2023EMPLOYEE INCENTIVE PLANS, INC.

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Administrative cost history3
2024$93,880 · 2.10%
2023$68,063 · 1.80%
2022$59,912 · 1.79%
Similar plansOther Services · Florida
Palmas Services LLC FL$4.9M · 0.90%
Herd Enterprises, Inc. FL$4.9M · 0.77%
Commercial Jet, Inc. FL$4.5M · 0.04%
Right Way Plumbing Co. FL$4.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810644368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.