Georgia › Transportation and warehousing › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Mti Limo and Shuttle Service Inc. 401(k)
Sponsored by Mti Limo and Shuttle Services Inc., College Park, GA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Mti Limo and Shuttle Service Inc. 401(k) covered 322 participants and held $282K in net assets. The plan is a 401(k) plan sponsored by Mti Limo and Shuttle Services Inc. of College Park, Georgia.
Net assets came to $874 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $32,883 median for defined contribution plans in transportation and warehousing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $36K during the year, or $248 per active participant against a same-size median of $2,017; participants contributed $72K. Benefits paid out totalled $48K.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $4,905.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $874 | $48,746 | $32,883 | $53,102 |
| Employer contributions per active participant | $248 | $2,017 | $1,396 | $2,175 |
| Schedule C compensation per participant | — | $141 | $113 | $123 |
| Schedule C compensation, share of net assets | — | 0.30% | 0.33% | 0.26% |
| Administrative expenses per participant | $15.23 | $133 | $97.79 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), transportation and warehousing (1,909) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 322 | $282K | $876 | $36K | $72K | $0 |
| 2023 | 245 | $197K | $804 | $32K | $76K | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$197,359
- Employer contributions$35,910
- Participant contributions$72,343
- Rollovers and other contributions—
- Total contributions$108,253
- Total income, including investment results$137,168
- Benefits paid$48,080
- Administrative expenses$4,905
- Total expenses$52,985
- Net income$84,183
- Net transfers$0
- Net assets, end of year$281,542
Participants
- Active participants145
- Retired or separated, receiving benefits13
- Retired or separated, entitled to future benefits163
- Participants with account balances313
- Total participants, end of year322
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$4,905
- Total administrative expenses$4,905
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$274K · 97.3%
- Participant loans$7,642 · 2.7%
Audit and compliance answers, as filed
- Accountant's opinionNot stated
- Audit scope limited under ERISA section 103(a)(3)(C)—
- Participant contributions reported as transmitted lateYes, $57,779
- Covered by a fidelity bondNo
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2JCode section 401(k) feature2KCode section 401(m) arrangement2FERISA section 404(c) plan2GTotal participant-directed account plan3DPre-approved pension plan3HPlan sponsor(s) is (are) a member(s) of a controlled group2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 485320.
Similar plans in Georgia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Precision Aviation Group 401(k) Profit Sharing Plan | Keystone Turbine Services, LLC | 329 | $17.7M | $53,885 |
| Helicopter Express 401(k) Plan | Helicopter Express, Inc. | 321 | $10.7M | $33,342 |
| Phoenix Air Group, Inc. 401(k) Plan | Phoenix Air Group, Inc. | 331 | $31.9M | $96,271 |
| TQ Logistics, Inc. 401(k) Retirement Plan | TQ Logistics, Inc. | 315 | $2.4M | $7,570 |
| Terra Worldwide Logistics 401(k) Plan | Terra Worldwide Logistics LLC | 400 | $6.9M | $17,212 |
| Kennesaw Transporation, Inc. 401(k) Plan | Kennesaw Transportation, Inc. | 290 | $5.4M | $18,633 |
Defined contribution plans in transportation and warehousing closest in size.
Questions and answers
How big is Mti Limo and Shuttle Service Inc. 401(k)?
322 participants at the end of the plan year ending 31 Dec 2024, of whom 145 were active employees, with net assets of $281,542. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Mti Limo and Shuttle Services Inc. contribute per participant?
The filing reports $35,910 in employer contributions for the year, which is $248 per active participant; the median for plans of the same type and size was $2,017 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $4,905. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Mti Limo and Shuttle Services Inc.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing does not state an accountant's opinion type.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 58-2201244, plan 001, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.