Plan Ledger DOL Form 5500 · updated monthly

Trolleys Inc401(k)

TROLLEYS INC DBA SUNWAY CHARTERS 401(K) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Trolleys Inc reported $1,528 in plan administrative expenses for 2022: 0.34% of average plan assets, lower than ~75% of peers. Employer contributions averaged $871 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 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in North Carolina (1,946th of 2,005), and 2,437th of 2,677 in transportation & warehousing. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$474,116
Participants with balances76
Active participants68
Employer contributions$59,243
Employee contributions$106,437
Employer contribution per active participant$871
Average account balance$6,238
Benefits paid to participants$36,262
Plan auditUnmodified (clean) audit opinion
AuditorTURLINGTON AND COMPANY, LLP
Administrative expenses, itemized · 2022
Investment management$84
Total administrative$1,528
The Trolleys Inc 401(k) match · 2022
Employer contribution per active participant$871
Median for plans this size$331

Trolleys Inc's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,528 · 0.34%
Similar plansTransportation & Warehousing · North Carolina
Trinity Transport, Inc. NC$771K · 2.31%
D4 Delivery Solutions NC$739K · 0.46%
McO Transport, Inc. NC$589K · 0.35%
Mabe Trucking NC$368K · 1.52%
Blue Max Transport, Inc. NC$325K · 3.92%
High Road Services LLC NC$237K · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 432037010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.