Trans States Holdings, Inc 401(k) Review & Grade
My Airline 401(k) Retirement Plan
Bridgeton, MOTransportation & Warehousing932 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,767Employer $ per active participant
$6,034Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$60.7MNet plan assets, end of year
$32,060Average balance per account
Score breakdown
- Employer generosity34.0 / 5068th percentile for employer $ per participant
- Low cost14.3 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving12.2 / 1582th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 57th |
| Employee saving | 82th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,664 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Trans States Holdings put in about $1,767 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,647,298 |
| Participant (employee) contributions | $5,623,376 |
| Other contributions (incl. rollovers in) | $183,759 |
| Administrative expenses paid from the plan | $104,142 |
| Investment advisory & management fees | $75,526 |
| Benefits paid out | $8,708,209 |
| Net assets, start / end of year | $53.2M / $60.7M |
| Active participants, start / end of year | 876 / 988 |
| Participants with account balances | 1,893 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Boyum & Barenscheer Pllp |
Largest service providers (Schedule C)
| Adp, Inc. | $61,853 reported compensation |
| Creative Planning Holdco, LLC | $42,289 reported compensation |
| Charles Schwab Investment Mgmt Inc. | $323 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015064743NAL0004199409001, received 2025-10-15, EIN 43-1812952, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.