Plan Ledger DOL Form 5500 · updated monthly

Cit Trucks, LLC401(k)

CIT TRUCKS RETIREMENT READINESS PLAN · NORMAL, IL · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Cit Trucks, LLC reported $149,461 in plan administrative expenses for 2025: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,826 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 fell from 0.29% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other retail trade employers. By assets it is the 742nd-largest of 3,702 plans among Illinois employers on file, and the 524th of 5,215 in retail trade. In 2025, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 726 to 896 since 2022.

Plan summary
Net assets, end of year$67,147,071
Participants with balances1,072
Active participants896
Employer contributions$2,532,229
Employee contributions$4,340,443
Employer contribution per active participant$2,826
Average account balance$62,637
Benefits paid to participants$5,913,135
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$67.1M · 1,072 accts · $2.5M emplr
2024$56.5M · 926 accts · $2.2M emplr
2023$46.8M · 980 accts · $2.2M emplr
2022$38.4M · 832 accts · $1.4M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$101,461
Investment management$48,000
Total administrative$149,461
The Cit Trucks, LLC 401(k) match · 2025
Employer contribution per active participant$2,826
Median for plans this size$4,093
2025$2,826 per active participant
2024$2,486 per active participant
2023$2,615 per active participant
2022$1,905 per active participant

Cit Trucks, LLC's 2025 employer contribution ran below the $4,093 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$101,461
SHEPHERD FINANCIAL INV. ADVISORY · Consulting$48,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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Administrative cost history4
2025$149,461 · 0.24%
2024$142,774 · 0.28%
2023$129,674 · 0.30%
2022$120,547 · 0.29%
Same employer
Similar plansRetail Trade · Illinois
Mark Anthony Brands Inc. IL$79.5M · 0.45%
Weathertech Direct, LLC IL$77.7M · 0.07%
Brainlab, Inc. IL$76.4M · 0.08%
Henricksen & Company, Inc. IL$68.1M · 0.00%
Empire Today, LLC IL$63.7M · 0.42%
Niemann Foods, Inc. IL$61.2M · 0.33%
The Pampered Chef, LTD. IL$60.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810977172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.