Plan Ledger DOL Form 5500 · updated monthly

Crossroads Trailer Sales & Service, Inc.401(k)

CROSSROADS TRAILER SALES & SERVICE, INC. 401(K) EMPLOYEE SAVINGS & · ALBERT LEA, MN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Crossroads Trailer Sales & Service, Inc. reported $43,208 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,410 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 0.413%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,280th of 1,918), and the 2,545th of 5,215 in retail trade. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 143 to 122 since 2022.

Plan summary
Net assets, end of year$10,458,824
Participants with balances121
Active participants122
Employer contributions$294,023
Employee contributions$740,376
Employer contribution per active participant$2,410
Average account balance$86,437
Benefits paid to participants$2,048,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 121 accts · $294K emplr
2023$10.4M · 131 accts · $273K emplr
2022$8.5M · 133 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,208
Total administrative$43,208
The Crossroads Trailer Sales & Service, Inc. 401(k) match · 2024
Employer contribution per active participant$2,410
Median for plans this size$2,416
2024$2,410 per active participant
2023$1,923 per active participant
2022$1,948 per active participant

Crossroads Trailer Sales & Service, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$43,208
MURRAY FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$43,208 · 0.41%
2023$38,379 · 0.40%
2022$33,058 · 0.41%
Same employer
Similar plansRetail Trade · Minnesota
Park Jeep, Inc. MN$10.6M · 0.48%
Bold Orange Company, LLC MN$10.2M · 0.31%
Saturn of St. Paul, Inc. MN$9.5M · 0.56%
Dennis Kirk, Inc. MN$9.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411551723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.