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SHIPCO TRANSPORT INC

SHIPCO TRANSPORT INC'S 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jun 10, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

63filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$1,986

Reported employer contributions per active participant.

Higher than about 54% of comparable plans
#People in the filing
496

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$45 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 83% of comparable plans
↗Investment performance
Not available

Plan assets changed 15.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202463out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions54th percentileTypical peer $1,905 · based on 234 comparable plans
Lower reported administrative expense83rd percentileTypical peer $142 · based on 240 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SHIPCO TRANSPORT INC reported $985,083 in employer contributions across the plan and 496 active participants. That works out to $1,986 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy77%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 6.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 198.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context63/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$985,083
Participant contributions
$2,247,973
Other contributions
$209,635
Employer share of reported contributions
30.5%
Beginning assets
$33,876,673
Ending assets
$39,232,019
Ending net assets
$39,232,019
Ending liabilities
$0
Total income
$8,039,273
Total expenses
$2,683,927
Administrative expenses
$29,187
Participant loans
$828,316

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$2,123
2023
$2,164
2024
$1,986
Plan-paid administrative expenses per participant
2022
$15
2023
$16
2024
$45
Active participants
2022
424
2023
435
2024
496
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$1,98649639.2M20260610132127NAL0005144851001
2023$2,16443533.9M20241014090206NAL0026869729001
2022$2,12342427.7M20231016191403NAL0026538739001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
2.1%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
133468377-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jul 1, 1991
Industry
Transportation and warehousing
Amended filing
Yes
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLIANCEBERNSTEIN L.P.2024Not reportedunknown
ALLIANZ GLOBAL INVESTORS DISTRIBUTO2024Not reportedunknown
AMERICAN CENTURY INVESTMENT SERVICE2024Not reportedunknown
DWS DISTRIBUTORS, INC.2024Not reportedunknown
FIDELITY DISTRIBUTORS CORP.2024Not reportedunknown
FRANKLIN TEMPLETON DISTRIBUTORS, IN2024Not reportedunknown
FRED ALGER & COMPANY, INCORPORATED2024Not reportedunknown
GUARDIAN INVESTOR SERVICES, LLC2024Not reportedunknown
INVESCO2024Not reportedunknown
JANUS DISTRIBUTORS, LLC2024Not reportedunknown
NEUBERGER BERMAN2024Not reportedunknown
PUTNAM RETAIL MANAGEMENT2024Not reportedunknown
STATE STREET CORPORATION2024Not reportedunknown
T. ROWE PRICE2024Not reportedunknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20260610132127NAL0005144851001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗