Plan Ledger DOL Form 5500 · updated monthly

Worldwide Logistics Inc401(k)

WORLDWIDE LOGISTICS INC 401(K) PROFIT SHARING PLAN & TRUST · PARAMUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Worldwide Logistics Inc reported $22,891 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $2,407 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 $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 New Jersey (1,878th of 2,419), and 1,646th of 2,677 in transportation & warehousing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,940,613
Participants with balances121
Active participants126
Employer contributions$303,291
Employee contributions$694,749
Employer contribution per active participant$2,407
Average account balance$40,832
Benefits paid to participants$245,428
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,202
Investment management$20,829
Trustee / custodial$860
Total administrative$22,891
The Worldwide Logistics Inc 401(k) match · 2024
Employer contribution per active participant$2,407
Median for plans this size$1,313

Worldwide Logistics 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 · 20241
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (participants)$20,829

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$22,891 · 0.53%
Similar plansTransportation & Warehousing · New Jersey
Daybreak Express, Inc. NJ$5.3M · 0.04%
All Chemical Transport NJ$5.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320651944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.