Plan Ledger DOL Form 5500 · updated monthly

Western Express, Inc.401(k)

WESTERN EXPRESS, INC. 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Western Express, Inc. reported $24,044 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1 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 fell from 0.32% to 0.24%. 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 Tennessee (810th of 1,496), and the 1,118th of 2,677 in transportation & warehousing. In 2024, employees put in $249.18 for every $1.00 the employer contributed; active participation has grown from 4,681 to 9,204 since 2022.

Plan summary
Net assets, end of year$10,633,891
Participants with balances385
Active participants9,204
Employer contributions$6,000
Employee contributions$1,495,090
Employer contribution per active participant$1
Average account balance$27,620
Benefits paid to participants$1,530,001
Plan auditUnmodified (clean) audit opinion
AuditorPURYEAR & NOONAN, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 385 accts · $6K emplr
2023$9.4M · 374 accts · $109 emplr
2022$7.9M · 373 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,919
Investment management$19,125
Total administrative$24,044
The Western Express, Inc. 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416
2024$1 per active participant
2023$0 per active participant

Western Express, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$19,125
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,919

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$24,044 · 0.24%
2023$19,871 · 0.23%
2022$26,463 · 0.32%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Steam Logistics, LLC TN$11.9M · 0.18%
Hines Furlong Line, Inc. TN$11.5M · 0.48%
Best Brands Inc. TN$10.3M · 1.17%
Titan Transfer, Inc. TN$8.9M · 0.72%
Freightwaves, Inc. TN$8.5M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621457385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.