Plan Ledger DOL Form 5500 · updated monthly

U.S. Transport, Inc.401(k)

U.S. TRANSPORT, INC. 401(K) PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

U.S. Transport, Inc. reported $33,388 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $575 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 3 years on file its reported administrative ratio has held roughly steady near 0.985%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Colorado (1,159th of 1,461), and 1,850th of 2,677 in transportation & warehousing. In 2023, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,530,700
Participants with balances111
Active participants247
Employer contributions$142,034
Employee contributions$426,758
Employer contribution per active participant$575
Average account balance$31,808
Benefits paid to participants$428,667
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 113 accts · $140K emplr
2023$3.5M · 111 accts · $142K emplr
2022$2.9M · 116 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,388
Total administrative$33,388
The U.S. Transport, Inc. 401(k) match · 2023
Employer contribution per active participant$575
Median for plans this size$1,308
2024$668 per active participant
2023$575 per active participant
2022$528 per active participant

U.S. Transport, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,333
MESIROW FINANCIAL INC · 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 history3
2024$32,520 · 0.98%
2023$33,388 · 1.03%
2022$29,323 · 0.98%
Similar plansTransportation & Warehousing · Colorado
Mayo Aviation, LLC CO$5.8M · 0.78%
Navajo Shippers, Inc. CO$5.5M · 0.96%
Via Mobility Services CO$5.0M · 0.54%
Cast Transportation, Inc. CO$4.6M · 0.49%
The Jfw Corporation CO$2.8M · 1.28%
Arrow Moving & Storage CO$2.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850357203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.