Plan Ledger DOL Form 5500 · updated monthly

Daimler Truck North America, L.L.C.401(k)

DAIMLER TRUCK NORTH AMERICA, L.L.C. EMPLOYEE RETIREMENT SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Daimler Truck North America, L.L.C. reported $505,101 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,446 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 0.020%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 2nd-largest of 1,021 plans among Oregon employers on file, and the 120th of 13,661 in manufacturing. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,718,560,445
Participants with balances10,520
Active participants8,167
Employer contributions$85,313,114
Employee contributions$82,600,756
Employer contribution per active participant$10,446
Average account balance$258,418
Benefits paid to participants$177,246,666
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7B · 10,520 accts · $85.3M emplr
2023$2.4B · 10,784 accts · $84.4M emplr
2022$2.0B · 10,550 accts · $69.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$505,101
Total administrative$505,101
The Daimler Truck North America, L.L.C. 401(k) match · 2024
Employer contribution per active participant$10,446
Median for plans this size$5,259
2024$10,446 per active participant
2023$10,006 per active participant
2022$8,345 per active participant

Daimler Truck North America, L.L.C.'s 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VOYA · Recordkeeping$505,101

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

Recordkeeper by year2
2024Voya
2023Voya

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

Administrative cost history3
2024$505,101 · 0.02%
2023$460,777 · 0.02%
2022$411,708 · 0.02%
All plans at this employer2
DAIMLER TRUCK NORTH AMERICA, L.L.C. EMPLOYEE RETIREMENT SAVINGS PLAN401(k)
DAIMLER TRUCK NORTH AMERICA, LLC UAW RETIREMENT SAVINGS PLAN401(k)
Same employer
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Alcon Vision, LLC TX$2.9B · 0.02%
Novo Nordisk Inc. NJ$2.9B · 0.04%
Ball Corporation CO$2.8B · 0.05%
S&C Electric Company IL$2.7B · 0.00%
Lyondell Chemical Company TX$2.7B · 0.05%
Swagelok Company OH$2.6B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930790608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.