# Becker Logistics LLC 401(k) Plan
Source: https://planprovider.pro/companies/becker-logistics-llc-401k-plan

> Becker Logistics LLC&#39;s 401(k) plan: 89 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Becker Logistics LLC

- **Sponsor EIN:** 384050715

- **Sponsor Address:** 2198 GLADSTONE CT, GLENDALE HTS, IL, 601391514

- **Plan Type:** 401(k)

- **Total Participants:** 89

- **Total Assets:** $4.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|89|$4.7M|$0|$374,113|

| 2023|111|$5.1M|$38,060|$554,936|

| 2022|148|$2.2M|$98,920|$503,713|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$28,835|—|$28,835|

| MORGAN STANLEY|INVESTMENT ADVISORY|$23,772|$4|$23,776|

| SMITH & HOWARD, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY](https://planprovider.pro/provider/jp-morgan-asset-management) — INVESTMENT ADVISORY

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $52,611

- **Estimated Expense Ratio:** 1.108% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$52,607|$23,772|$28,835|—|—|

| 2023|$49,314|$19,572|$29,742|—|—|

| 2022|$22,919|$8,713|$14,058|—|$148|

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