Plan Ledger DOL Form 5500 · updated monthly

True North Transportation Holding Company401(k)

TRUE NORTH TRANSPORTATION 401(K) PLAN · BURNSVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

True North Transportation Holding Company reported $42,732 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $40 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 $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 Minnesota (1,351st of 1,918), and the 1,220th of 2,677 in transportation & warehousing. In 2024, employees put in $54.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,019,887
Participants with balances162
Active participants251
Employer contributions$9,931
Employee contributions$545,483
Employer contribution per active participant$40
Average account balance$55,678
Benefits paid to participants$1,910,188
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & COMPANY
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,732
Total administrative$42,732
The True North Transportation Holding Company 401(k) match · 2024
Employer contribution per active participant$40
Median for plans this size$1,313

True North Transportation Holding 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,732
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp

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$42,732 · 0.55%
Similar plansTransportation & Warehousing · Minnesota
American Business Group MN$11.6M · 0.33%
Fortune Transportation MN$9.6M · 0.67%
Taylor Truck Line Inc. MN$8.7M · 0.12%
Long Haul Trucking, Inc. MN$8.1M · 0.29%
Transport Designs, Inc. MN$7.7M · 0.59%
Triangle Warehouse, Inc. MN$6.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873621198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.