Plan Ledger DOL Form 5500 · updated monthly

Floyds Truck Center, Inc.401(k)

FLOYD'S TRUCK CENTER, INC. 401(K) PLAN · SCOTTSBLUFF, NE · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Floyds Truck Center, Inc. reported $76,613 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,290 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 0.56% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Nebraska (298th of 565), and the 1,269th of 3,341 in other services. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 206 to 227 since 2022.

Plan summary
Net assets, end of year$15,443,681
Participants with balances202
Active participants227
Employer contributions$292,749
Employee contributions$908,920
Employer contribution per active participant$1,290
Average account balance$76,454
Benefits paid to participants$1,281,236
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 202 accts · $293K emplr
2023$14.0M · 204 accts · $335K emplr
2022$11.7M · 242 accts · $285K emplr
Administrative expenses, itemized · 2024
Investment management$40,523
Total administrative$76,613
The Floyds Truck Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,290
Median for plans this size$2,416
2024$1,290 per active participant
2023$1,552 per active participant
2022$1,383 per active participant

Floyds Truck Center, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
AT RETIREMENT SERVICE, LLC · Claims processing · Recordkeeping$36,090
CREATIVE PLANNING, INC. · Investment advisory (participants) · Investment advisory (plan)$40,523

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

Recordkeeper by year2
2024AT RETIREMENT SERVICE, LLC
2023AT RETIREMENT SERVICE, LLC

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

Administrative cost history3
2024$76,613 · 0.52%
2023$67,063 · 0.52%
2022$69,723 · 0.56%
Similar plansOther Services · Nebraska
Resource Pro LLC NE$26.9M · 0.41%
Ponca Tribe of Nebraska NE$9.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470885687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.