Plan Ledger DOL Form 5500 · updated monthly

Central Trucking Inc.401(k)

CTI 401K PLAN · EDINBURGH, IN · plan year 2023

Reported admin expense ratio · 2023
0.03%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Central Trucking Inc. reported $1,302 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $43 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.028%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Indiana (1,147th of 1,562), and 1,588th of 2,677 in transportation & warehousing. In 2023, employees put in $15.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,366,646
Participants with balances213
Active participants676
Employer contributions$29,096
Employee contributions$461,925
Employer contribution per active participant$43
Average account balance$25,196
Benefits paid to participants$505,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 200 accts · $20K emplr
2023$5.4M · 213 accts · $29K emplr
2022$4.6M · 227 accts · $39K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,302
Total administrative$1,302
The Central Trucking Inc. 401(k) match · 2023
Employer contribution per active participant$43
Median for plans this size$1,308
2024$32 per active participant
2023$43 per active participant
2022$55 per active participant

Central Trucking Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,502

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,488 · 0.03%
2023$1,302 · 0.03%
2022$1,428 · 0.03%
Same employer
Similar plansTransportation & Warehousing · Indiana
Office Three Sixty, Inc. IN$7.5M · 0.01%
Crum Trucking Inc IN$5.7M · 0.07%
Klink Trucking, LLC IN$5.2M · 0.72%
Vectra Integration, Inc. IN$4.9M · 1.16%
Qcf/I, Inc. IN$4.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351457867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.