401k Record

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Loadsmart 401(k)

Recordkeeping fees per participant · Loadsmart, Inc. 401(k) Plan · plan year 2024

$30.97

Higher than 30% of the 7,477 plans $1 to 10M that report it.

Source

= $11,644 / 376
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007104603NAL0002393587001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007104603NAL0002393587001, received 2025-10-07

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-07.

Cost and contributions

Administrative expenses excluding investment management, per participant

$31.41

10th: $13.66median $103.3390th: $302.77

Higher than 22% of the 14,713 plans $1 to 10M that report it.

Source

= $11,811 / 376
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007104603NAL0002393587001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007104603NAL0002393587001, received 2025-10-07

Administrative expenses per participant

$78.46

10th: $19.42median $150.2790th: $370.75

Higher than 31% of the 15,210 plans $1 to 10M that report it.

Source

= $29,501 / 376
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007104603NAL0002393587001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007104603NAL0002393587001, received 2025-10-07

Administrative expenses as a share of assets

0.363%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 35% of the 15,243 plans $1 to 10M that report it.

Source

= $29,501 / $8,119,436
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007104603NAL0002393587001, received 2025-10-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007104603NAL0002393587001, received 2025-10-07

Employer contributions per participant

$851

10th: $357median $1,32390th: $2,861

Higher than 31% of the 13,342 plans $1 to 10M that report it.

Source

= $319,948 / 376
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007104603NAL0002393587001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007104603NAL0002393587001, received 2025-10-07

Employer share of total contributions

12.0%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 10% of the 13,370 plans $1 to 10M that report it.

Source

= $319,948 / $2,664,482
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007104603NAL0002393587001, received 2025-10-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007104603NAL0002393587001, received 2025-10-07

Plan terms, as stated in Loadsmart, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251007104603NAL0002393587001, received 2025-10-07

Full record, Loadsmart, Inc. 401(k) Plan

FieldValueSource
Plan sponsorLOADSMART, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251007104603NAL0002393587001, received 2025-10-07
Plan nameLOADSMART, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251007104603NAL0002393587001, received 2025-10-07
Sponsor EIN / plan number47-2556074 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251007104603NAL0002393587001, received 2025-10-07
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251007104603NAL0002393587001, received 2025-10-07
Sponsor locationCHICAGO, ILForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251007104603NAL0002393587001, received 2025-10-07
Industry (business code)488510, Transportation and warehousingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251007104603NAL0002393587001, received 2025-10-07
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251007104603NAL0002393587001, received 2025-10-07
Filing received2025-10-07Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251007104603NAL0002393587001, received 2025-10-07
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251007104603NAL0002393587001, received 2025-10-07
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251007104603NAL0002393587001, received 2025-10-07
Participants, beginning of year207Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251007104603NAL0002393587001, received 2025-10-07
Active participants159Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251007104603NAL0002393587001, received 2025-10-07
Participants, end of year379Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251007104603NAL0002393587001, received 2025-10-07
Participants with an account balance376Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007104603NAL0002393587001, received 2025-10-07
Total assets, beginning of year$0Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251007104603NAL0002393587001, received 2025-10-07
Total assets, end of year$8,119,436Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007104603NAL0002393587001, received 2025-10-07
Net assets, end of year$8,119,436Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251007104603NAL0002393587001, received 2025-10-07
Total income$3,318,006Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251007104603NAL0002393587001, received 2025-10-07
Net income$2,257,419Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251007104603NAL0002393587001, received 2025-10-07
Employer contributions$319,948Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007104603NAL0002393587001, received 2025-10-07
Participant contributions$1,728,186Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251007104603NAL0002393587001, received 2025-10-07
Other contributions (incl. rollovers)$616,348Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251007104603NAL0002393587001, received 2025-10-07
Total contributions$2,664,482Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007104603NAL0002393587001, received 2025-10-07
Benefit payments$1,031,086Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251007104603NAL0002393587001, received 2025-10-07
Total expenses (incl. benefit payments)$1,060,587Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251007104603NAL0002393587001, received 2025-10-07
Total administrative expenses$29,501Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007104603NAL0002393587001, received 2025-10-07
Recordkeeping fees$11,644Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007104603NAL0002393587001, received 2025-10-07
Investment advisory and management fees$17,690Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251007104603NAL0002393587001, received 2025-10-07
Administrative expenses excluding investment management$11,811derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007104603NAL0002393587001, received 2025-10-07
Held in common/collective trusts$233,819Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251007104603NAL0002393587001, received 2025-10-07
Held in mutual funds$7,747,454Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251007104603NAL0002393587001, received 2025-10-07
Independent auditorSIKICH CPA LLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251007104603NAL0002393587001, received 2025-10-07

Position = column in the DOL layout for form year 2024. Filing 20251007104603NAL0002393587001, received 2025-10-07.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
MMA SECURITIES LLCINVESTMENT ADVISORY PLAN 27 Investment advisory (plan) $17,690no
TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeperRECORDKEEPER 15 Recordkeeping and information management; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 62 Float revenue; 64 Recordkeeping fees; 67 Other insurance wrap fees $11,644yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251007104603NAL0002393587001, received 2025-10-07.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

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Sponsor name as filed: LOADSMART, INC.; SEC registrant: Loadsmart, Inc. (CIK 1628607, matched by EIN).