Plan Ledger DOL Form 5500 · updated monthly

Wheeler Trucking, Inc.401(k)

WHEELER TRUCKING, INC. 401(K) PLAN · FLUSHING, MI · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Wheeler Trucking, Inc. reported $47,044 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,364 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 0.98% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,613th of 2,619), and the 1,226th of 2,677 in transportation & warehousing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 237 to 368 since 2022.

Plan summary
Net assets, end of year$8,957,533
Participants with balances359
Active participants368
Employer contributions$870,041
Employee contributions$1,639,013
Employer contribution per active participant$2,364
Average account balance$24,951
Benefits paid to participants$1,932,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 359 accts · $870K emplr
2023$7.3M · 322 accts · $849K emplr
2022$4.7M · 263 accts · $513K emplr
The Wheeler Trucking, Inc. 401(k) match · 2024
Employer contribution per active participant$2,364
Median for plans this size$1,313
2024$2,364 per active participant
2023$2,386 per active participant
2022$2,163 per active participant

Wheeler Trucking, Inc.'s 2024 employer contribution ran above the $1,313 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 · 202412
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$47,044
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
VICTORY FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
PUTNAM MUTUAL FUNDS · Investment managementindirect comp
TIAA-CREF · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
FEDERATED FUNDS · Investment managementindirect comp
PRINCIPAL FUNDS · Investment managementindirect 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$47,044 · 0.58%
2023$61,714 · 1.03%
2022$44,431 · 0.98%
Same employer
Similar plansTransportation & Warehousing · Michigan
Sprinter Services, Inc. MI$11.5M · 0.42%
Altl, Inc. MI$8.9M · 0.19%
Calgary Services, LLC MI$8.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383534605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.