Martin Transportation Systems, Inc 401(k) Plan: Login, Facts & Contact Information

Martin Transportation Systems, Inc 401(k) Plan Facts

Plan name
TRANSPORTATION AND LOGISTICS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARTIN TRANSPORTATION SYSTEMS, INC
Participants
1,385 (1,208 active employees)
Former employees with a balance
97
Plan assets
$25,777,145 at Dec 31, 2024
Average account balance
$48,272 across 534 accounts
Employer contributions
$550,752 in plan year 2024 (18% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2003
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jun 19, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.05 million went into the plan in contributions, $550,752 of it from the employer (18%).
  • $2.83 million was paid out to participants.
  • Investment and other income added $3.18 million.
  • Administrative expenses were $12,576, about $24 per account.

How the Martin Transportation Systems, Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,169$16.0 million$418,163$1.43 million
20201,641$19.1 million$398,314$1.58 million
20211,477$21.3 million$447,814$3.04 million
20221,356$18.7 million$537,817$1.93 million
20231,535$22.4 million$539,589$2.57 million
20241,385$25.8 million$550,752$2.83 million

Martin Transportation Systems, Inc 401(k) Contact Information

Phone
616-432-5513
Mailing address
7300 CLYDE PARK AVENUE SW, BYRON CENTER MI 49315
Plan sponsor
MARTIN TRANSPORTATION SYSTEMS, INC
Employer identification number (EIN)
38-2842208
Plan number
005

Questions about the Martin Transportation Systems, Inc 401(k)

Does Martin Transportation Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $550,752, 18% of all contributions.

Does the Martin Transportation Systems, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Martin Transportation Systems, Inc 401(k) plan?

1,385 participants at the start of plan year 2024, 1,208 of them active employees, and 97 former employees who still had money in the plan.

What is the average 401(k) balance at Martin Transportation Systems, Inc?

About $48,272 per account: $25.8 million in plan assets across 534 accounts with a balance at the end of plan year 2024.

Who manages the Martin Transportation Systems, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Martin Transportation Systems, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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