401(k) ยท DOL Form 5500 ยท 2022

Transportation and Logistics 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$19M
Total assets
1,251
Participants
62th
Percentile by assets

Sponsored by Martin Transportation Systems, Inc ยท Michigan ยท Transportation & Warehousing

What the 2022 filing shows

Transportation and Logistics 401(k) Plan holds $19M for 1,251 participants - about $14,955 per participant, above the median plan by assets, down 12.3% over the 2022 plan year.

$19M
total plan assets (2022 EOY)
1,251
covered participants
62th
percentile by assets (of 84,055 plans)
$14,955
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$19M
Participants
1,251
State
Industry
Transportation & Warehousing

What the Filing Says About Transportation and Logistics 401(k) Plan

Transportation and Logistics 401(k) Plan is a 401(k) retirement plan sponsored by Martin Transportation Systems, Inc, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $19M in total end-of-year assets and covers 1,251 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 382842208, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $21M at the beginning of 2022 to $19M at year-end - a decline of 12.3%. Net assets (after liabilities) closed the year at $19M, with reported net income of $-2,628,744 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$21M
Total Assets (End of Year)$19M
Net Assets (End of Year)$19M
Net Income$-2,628,744
Plan Type401(k)
Employer EIN382842208
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martin Transportation Systems, Inc)

Year Plans Participants Total Assets
2022 1 1,251 $19M
2023 1 1,399 $22M
2024 1 1,261 $26M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Transportation and Logistics 401(k) Plan?
As of the 2022 Form 5500 filing, Transportation and Logistics 401(k) Plan holds $19M in total assets with 1,251 participants. It is sponsored by Martin Transportation Systems, Inc.
What type of plan is Transportation and Logistics 401(k) Plan?
Transportation and Logistics 401(k) Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 382842208.
Who sponsors the Transportation and Logistics 401(k) Plan?
Transportation and Logistics 401(k) Plan is sponsored by Martin Transportation Systems, Inc, located in Michigan. The sponsor's EIN is 382842208 and the plan operates in the Transportation & Warehousing industry.
How did Transportation and Logistics 401(k) Plan perform in 2022?
Transportation and Logistics 401(k) Plan declined by 12.3% during 2022, moving from $21M to $19M in total assets. Net income was $-2,628,744.
Where can I find official filings for Transportation and Logistics 401(k) Plan?
Official Form 5500 filings for Transportation and Logistics 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382842208 or plan name at efast.dol.gov.
How does Transportation and Logistics 401(k) Plan compare to other plans?
You can compare Transportation and Logistics 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382842208.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.