Ozark Motor Lines, Inc 401(k) Review & Grade
Ozark Motor Lines, Inc 401(k) Plan & Trust
Memphis, TNTransportation & Warehousing848 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$436Employer $ per active participant
$1,581Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$17.6MNet plan assets, end of year
$26,298Average balance per account
Score breakdown
- Employer generosity10.7 / 5021th percentile for employer $ per participant
- Low cost13.4 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving3.5 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 53th |
| Employee saving | 24th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,095 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ozark Motor Lines put in about $436 per active participant, below the typical peer ($1,070). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $369,372 |
| Participant (employee) contributions | $1,340,569 |
| Other contributions (incl. rollovers in) | $40,164 |
| Administrative expenses paid from the plan | $33,496 |
| Benefits paid out | $1,563,869 |
| Net assets, start / end of year | $15.0M / $17.6M |
| Active participants, start / end of year | 877 / 819 |
| Participants with account balances | 670 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Ameritas Life Insurance Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904143135NAL0027570896001, received 2025-09-04, EIN 62-0791191, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.