Zeeland Freight Services, LLC401(k)
ZEELAND FREIGHT SERVICES, LLC PROFIT SHARING 401(K · ZEELAND, MI · plan year 2020
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Zeeland Freight Services, LLC reported $41,792 in plan administrative expenses for 2020: 0.62% of average plan assets, above the peer median. Employer contributions averaged $494 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 3 years on file its reported administrative ratio rose from 0.55% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (1,752nd of 2,619), and 1,355th of 2,677 in transportation & warehousing. In 2020, employees put in $10.00 for every $1.00 the employer contributed; active participation has shrunk from 152 to 101 since 2017.
Zeeland Freight Services, LLC's 2020 employer contribution ran below the $893 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 473372642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.