Plan Ledger DOL Form 5500 · updated monthly

Williams Tank Lines, LLC401(k)

WILLIAMS TANK LINES, INC. 401(K) PROFIT SHARING PLAN · STOCKTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Williams Tank Lines, LLC reported $162,515 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,612 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 0.26% to 0.44%. 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 2,254th-largest of 9,483 plans among California employers on file, and the 470th of 2,677 in transportation & warehousing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,506,613
Participants with balances468
Active participants302
Employer contributions$788,811
Employee contributions$1,855,592
Employer contribution per active participant$2,612
Average account balance$80,142
Benefits paid to participants$5,179,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.5M · 468 accts · $789K emplr
2023$35.8M · 475 accts · $1.0M emplr
2022$31.4M · 466 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,872
Investment management$80,643
Total administrative$162,515
The Williams Tank Lines, LLC 401(k) match · 2024
Employer contribution per active participant$2,612
Median for plans this size$2,416
2024$2,612 per active participant
2023$3,301 per active participant
2022$5,372 per active participant

Williams Tank Lines, LLC's 2024 employer contribution ran above 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$74,006
EMPOWER ADVISORY GROUP, LLC · Investment management$6,637

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$162,515 · 0.44%
2023$137,953 · 0.41%
2022$87,448 · 0.26%
Same employer
Similar plansTransportation & Warehousing · California
Dart Warehouse Corporation CA$40.4M · 0.24%
Glovis America, Inc. CA$38.8M · 0.59%
Bay Ship and Yacht Company CA$35.4M · 0.56%
Holliday Rock Co., Inc. CA$34.9M · 0.29%
Biagi Bros., Inc. CA$33.4M · 0.32%
Wedriveu, Inc. CA$32.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942514319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.