Plan Ledger DOL Form 5500 · updated monthly

Cumberland International Trucks, Inc.401(k)

CUMBERLAND INTERNATIONAL TRUCKS, INC. 401K PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Cumberland International Trucks, Inc. reported $136,235 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,185 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 0.80%. 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 the 589th-largest of 1,496 plans among Tennessee employers on file, and the 1,590th of 5,215 in retail trade. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,406,799
Participants with balances471
Active participants366
Employer contributions$799,868
Employee contributions$1,961,909
Employer contribution per active participant$2,185
Average account balance$39,080
Benefits paid to participants$2,559,729
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 471 accts · $800K emplr
2023$15.8M · 480 accts · $799K emplr
2022$12.2M · 449 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,235
Total administrative$136,235
The Cumberland International Trucks, Inc. 401(k) match · 2024
Employer contribution per active participant$2,185
Median for plans this size$2,416
2024$2,185 per active participant
2023$2,092 per active participant
2022$1,960 per active participant

Cumberland International Trucks, 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
FTB ADVISORS INC · Investment advisory (plan)$80,807
FUTUREPLAN · Investment advisory (plan)$13,120

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$136,235 · 0.80%
2023$105,542 · 0.75%
2022$104,815 · 0.79%
Same employer
Similar plansRetail Trade · Tennessee
Nrb Group, LLC TN$21.7M · 0.55%
Twin City Motors, Inc. TN$21.3M · 0.38%
Mapco Express, Inc. TN$21.2M · 0.42%
City Enterprises, LLC TN$19.1M · 0.27%
Pilot Corporation TN$17.1M · 0.41%
Gossett Motor Cars, Inc. TN$14.9M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621041965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.