Plan Ledger DOL Form 5500 · updated monthly

Decatur Truck & Tractor Inc.401(k)

SELKING INTERNATIONAL 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Decatur Truck & Tractor Inc. reported $53,013 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,912 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 2 years on file its reported administrative ratio fell from 0.59% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 742nd-largest of 1,562 plans among Indiana employers on file, and the 938th of 2,677 in transportation & warehousing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 213 to 238 since 2022.

Plan summary
Net assets, end of year$14,205,876
Participants with balances214
Active participants238
Employer contributions$455,137
Employee contributions$778,647
Employer contribution per active participant$1,912
Average account balance$66,383
Benefits paid to participants$650,862
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 214 accts · $455K emplr
2023$12.0M · 171 accts · $430K emplr
2022$9.9M · 166 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,922
Investment management$4,091
Total administrative$53,013
The Decatur Truck & Tractor Inc. 401(k) match · 2024
Employer contribution per active participant$1,912
Median for plans this size$2,416
2024$1,912 per active participant
2023$1,816 per active participant
2022$1,894 per active participant

Decatur Truck & Tractor 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 · 20241
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Investment advisory (participants)$50,566

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

Recordkeeper by year2
2024John Hancock
2023John Hancock, PROTPA

This plan has changed recordkeepers within these filings. If you left Decatur Truck & Tractor Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,013 · 0.40%
2023$38,475 · 0.35%
2022$62,470 · 0.59%
Same employer
Similar plansTransportation & Warehousing · Indiana
Spot Freight Inc IN$14.9M · 0.51%
Al Warren Oil Company IN$14.9M · 0.60%
Fraley & Schilling, Inc. IN$10.7M · 0.69%
Comlux America, LLC IN$9.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351117909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.