Plan Ledger DOL Form 5500 · updated monthly

Tvc Pro-Driver, Inc.401(k)

TVC PRO-DRIVER, INC. 401(K) AND PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Tvc Pro-Driver, Inc. reported $12,211 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,423 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 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Oklahoma (626th of 724), and 2,028th of 2,677 in transportation & warehousing. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,471,191
Participants with balances125
Active participants231
Employer contributions$328,718
Employee contributions$570,554
Employer contribution per active participant$1,423
Average account balance$19,770
Benefits paid to participants$185,412
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $277K emplr
2022$2.5M · 125 accts · $329K emplr
The Tvc Pro-Driver, Inc. 401(k) match · 2022
Employer contribution per active participant$1,423
Median for plans this size$1,114

Tvc Pro-Driver, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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 history2
2023Not separately reported
2022$12,211 · 0.55%
Same employer
Similar plansTransportation & Warehousing · Oklahoma
Paul Transportation, Inc. OK$3.5M · 0.65%
Western Flyer Express LLC OK$3.0M · 1.07%
Acord Companies OK$2.6M · 0.01%
Miller Truck Lines, LLC OK$1.9M · 1.05%
A&A Trucking, Inc. OK$1.6M · 1.63%
Driven Force Inc OK$1.2M · 0.46%
Cp Energy Services, Inc. OK$1.1M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731348352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.