Plan Ledger DOL Form 5500 · updated monthly

Trinity Transport, Inc.401(k)

TRINITY TRANSPORT 401(K) PLAN · LEXINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
2.31%

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

Trinity Transport, Inc. reported $15,010 in plan administrative expenses for 2024: 2.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,500 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,909th of 2,005), and 2,349th of 2,677 in transportation & warehousing. In 2024, the employer put in $2.91 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$771,416
Participants with balances117
Active participants63
Employer contributions$220,490
Employee contributions$75,804
Employer contribution per active participant$3,500
Average account balance$6,593
Benefits paid to participants$113,304
Plan auditUnmodified (clean) audit opinion
AuditorSMITH LEONARD
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,010
Total administrative$15,010
The Trinity Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$3,500
Median for plans this size$540

Trinity Transport, Inc.'s 2024 employer contribution ran above the $540 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 · 20241
ASCENSUS · Recordkeeping$17,625

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

Administrative cost history1
2024$15,010 · 2.31%
Similar plansTransportation & Warehousing · North Carolina
Kerns Trucking, Inc. NC$1.2M · 0.85%
Zenith Freight Lines, LLC NC$897K · 0.88%
D4 Delivery Solutions NC$739K · 0.46%
McO Transport, Inc. NC$589K · 0.35%
Trolleys Inc NC$474K · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561354086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.