Plan Ledger DOL Form 5500 · updated monthly

Trident Transport, LLC401(k)

TRIDENT TRANSPORT LLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Trident Transport, LLC reported $36,535 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $2,972 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 0.61% to 0.51%. 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 Tennessee (915th of 1,496), and the 1,293rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has shrunk from 289 to 232 since 2022.

Plan summary
Net assets, end of year$8,015,915
Participants with balances364
Active participants232
Employer contributions$689,574
Employee contributions$978,963
Employer contribution per active participant$2,972
Average account balance$22,022
Benefits paid to participants$1,075,134
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON HUTCHERSON MCCULLOUGH
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 364 accts · $690K emplr
2023$6.4M · 469 accts · $768K emplr
2022$4.1M · 488 accts · $849K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,535
Total administrative$36,535
The Trident Transport, LLC 401(k) match · 2024
Employer contribution per active participant$2,972
Median for plans this size$1,313
2024$2,972 per active participant
2023$3,460 per active participant
2022$2,937 per active participant

Trident Transport, LLC'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.

Administrative cost history3
2024$36,535 · 0.51%
2023$28,207 · 0.54%
2022$21,241 · 0.61%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Best Brands Inc. TN$10.3M · 1.17%
Titan Transfer, Inc. TN$8.9M · 0.72%
Freightwaves, Inc. TN$8.5M · 0.85%
McT Group, LLC TN$5.6M · 2.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464308662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.