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Benchmarking M.C. Van Kampen Trucking, Inc. 401(K) Plan in Wyoming, MI against all plans

 

M.C. Van Kampen Trucking, Inc. 401(K) Plan in Wyoming, MI incurs the 7th-lowest total administrative expenses ($6,368) of the 44 Michigan plans whose economic sector is Transportation and Warehousing. Those $6,368 compare to an average of $26,594 across the 44 plans.

Note: total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses

M.C. Van Kampen Trucking, Inc. 401(K) Plan has these standings among those 44 peer plans:

  • total administrative expenses = $6,368 (7th-lowest)

  • professional fees = $0 (the lowest, tied)

  • contract administrator fees = $1,550 (19th-lowest)

  • investment advisory and management fees = $4,818 (13th-highest)

  • other administrative expenses = $0 (the lowest, tied)

Visualize

 
 

Peers

beat out by Michigan Produce Haulers, Inc. 401(K) Profit Sharing Plan in Fremont, MI ($575), Michigan Production Machining 401(K) Profit Sharing Plan & Trust in Macomb, MI ($2,124), Ken Graham Trucking, Inc. 401(K) Plan in Brimley, MI ($4,138), and Day & Ross USA, Inc. Retirement Plan in Armada, MI ($5,200), and 2 others, ending with Indian Trails, Inc. 401(K) Plan in Owosso, MI ($6,090).

beat Logistics Insight Corp. Union Savings Plan in Warren, MI ($6,438), Russell A. Farrow (U.S.) Inc 401(K) Plan in Plymouth, MI ($8,114), B & B Trucking, Inc. 401(K) Plan in Kalamazoo, MI ($11,108), and Valuepoint Material Solutions Savings Plan in Saginaw, MI ($11,573), and 33 others, ending with Teamsters Local Union 299 Multi Employer 401(K) Plan in Detroit, MI ($111,781).

References

  1. whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. total administrative expenses. Lower values are better. From Line 2i(5), Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Note that total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.