Plan Ledger DOL Form 5500 · updated monthly

Xpress Natural Gas, LLC401(k)

XNG RETIREMENT PLAN · ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Xpress Natural Gas, LLC reported $12,032 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,012 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 0.27% to 0.25%. 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 Massachusetts (2,301st of 2,726), and 1,621st of 2,677 in transportation & warehousing. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,090,345
Participants with balances155
Active participants132
Employer contributions$265,608
Employee contributions$600,205
Employer contribution per active participant$2,012
Average account balance$32,841
Benefits paid to participants$897,359
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRAY AND GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 155 accts · $266K emplr
2023$4.5M · 146 accts · $263K emplr
2022$3.3M · 162 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,032
Total administrative$12,032
The Xpress Natural Gas, LLC 401(k) match · 2024
Employer contribution per active participant$2,012
Median for plans this size$1,313
2024$2,012 per active participant
2023$2,271 per active participant
2022$2,180 per active participant

Xpress Natural Gas, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$12,032

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,032 · 0.25%
2023$13,150 · 0.34%
2022$9,308 · 0.27%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
H&L Bloom Inc. MA$5.9M · 0.18%
Tremblays Bus Company MA$5.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450679469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.