Plan Ledger DOL Form 5500 · updated monthly

US Waterways Transportation, LLC401(k)

USWT 401(K) PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

US Waterways Transportation, LLC reported $65,495 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $4,212 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,164th of 2,266), and the 890th of 2,677 in transportation & warehousing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,393,676
Participants with balances146
Active participants135
Employer contributions$568,612
Employee contributions$878,584
Employer contribution per active participant$4,212
Average account balance$105,436
Benefits paid to participants$1,928,861
Plan auditUnmodified (clean) audit opinion
AuditorWALL, EINHORN & CHERNITZER, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,594
Investment management$28,487
Total administrative$65,495
The US Waterways Transportation, LLC 401(k) match · 2024
Employer contribution per active participant$4,212
Median for plans this size$2,416

US Waterways Transportation, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping$32,192
RAYMOND JAMES FSA INC · Investment advisory (participants) · Investment advisory (plan)$27,737

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$65,495 · 0.45%
Same employer
Similar plansTransportation & Warehousing · Virginia
Givens Group, Inc. VA$21.9M · 0.28%
Houff Transfer, Inc. VA$21.1M · 0.71%
Aem, Inc. VA$18.6M · 0.36%
Priority One Services, Inc. VA$17.4M · 0.74%
Norfolk Tug Company VA$13.8M · 0.46%
Interchange Group, Inc. VA$9.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453913943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.