Transportation Commodities, Inc. 401(k) Review & Grade
Transportation Commodities, Inc. 401(k) Savings Plan
Commerce, CATransportation & Warehousing1,306 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$328Employer $ per active participant
$2,348Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$19.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity7.9 / 5016th percentile for employer $ per participant
- Low cost7.0 / 2528th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score21 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 28th |
| Employee saving | 38th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $127,125 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Transportation Commodities put in about $328 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.
- Direct plan expenses (0.43% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $427,582 |
| Participant (employee) contributions | $3,064,857 |
| Other contributions (incl. rollovers in) | $126,678 |
| Administrative expenses paid from the plan | $74,556 |
| Investment advisory & management fees | $20,004 |
| Benefits paid out | $2,165,609 |
| Net assets, start / end of year | $15.4M / $19.3M |
| Active participants, start / end of year | 1,281 / 1,330 |
| Participants with account balances | 604 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Kaplan Arase LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $54,551 reported compensation |
| Ubs Financial Services, Inc. | $20,004 reported compensation |
| Adp Broker-Dealer | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014124954NAL0001368387001, received 2025-10-14, EIN 95-3261267, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.