Plan Ledger DOL Form 5500 · updated monthly

Verst Group Logistics401(k)

VERST GROUP LOGISTICS COMPANIES 401(K) RETIREMENT SAVINGS PLAN · WALTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Verst Group Logistics reported $156,033 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,899 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 2 years on file its reported administrative ratio rose from 0.38% to 0.41%. 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 the 172nd-largest of 871 plans among Kentucky employers on file, and the 446th of 2,677 in transportation & warehousing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,857,927
Participants with balances819
Active participants719
Employer contributions$1,365,414
Employee contributions$2,155,721
Employer contribution per active participant$1,899
Average account balance$48,667
Benefits paid to participants$3,940,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 819 accts · $1.4M emplr
2023$35.5M · 832 accts · $1.3M emplr
2022$29.4M · 783 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,642
Investment management$40,330
Total administrative$156,033
The Verst Group Logistics 401(k) match · 2024
Employer contribution per active participant$1,899
Median for plans this size$2,416
2024$1,899 per active participant
2023$1,882 per active participant
2022$1,865 per active participant

Verst Group Logistics's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PENSION CORPORATION OF AMERICA · Contract administrator · Loan processing$115,703
PCA INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$40,330

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$156,033 · 0.41%
2023$136,872 · 0.42%
2022$117,493 · 0.38%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Crounse Corporation KY$48.3M · 0.22%
James Marine, Inc. KY$32.3M · 0.30%
P&L Transportation, Inc. KY$19.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311313675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.