Plan Ledger DOL Form 5500 · updated monthly

Gordon Truck Centers, Inc.401(k)

GORDON TRUCK CENTERS, INC. EMPLOYEE RETIREMENT PLAN & TRUST · PACIFIC, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Gordon Truck Centers, Inc. reported $71,900 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,859 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 rose from 0.11% to 0.16%. 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 369th-largest of 1,714 plans among Washington employers on file, and the 394th of 2,677 in transportation & warehousing. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 596 to 696 since 2022.

Plan summary
Net assets, end of year$47,318,133
Participants with balances687
Active participants696
Employer contributions$1,293,830
Employee contributions$2,786,499
Employer contribution per active participant$1,859
Average account balance$68,876
Benefits paid to participants$4,625,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.3M · 687 accts · $1.3M emplr
2023$42.3M · 688 accts · $1.1M emplr
2022$34.7M · 579 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,024
Total administrative$71,900
The Gordon Truck Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,859
Median for plans this size$2,416
2024$1,859 per active participant
2023$1,628 per active participant
2022$1,732 per active participant

Gordon Truck Centers, 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

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$71,900 · 0.16%
2023$47,733 · 0.12%
2022$42,106 · 0.11%
Same employer
Similar plansTransportation & Warehousing · Washington
Aaa Washington WA$86.9M · 0.04%
Tidewater Barge Lines, Inc. WA$74.3M · 0.04%
Auto Warehousing Company WA$54.5M · 0.04%
Radiant Logistics, Inc. WA$54.4M · 0.08%
Peninsula Truck Lines, Inc. WA$46.9M · 0.34%
Western Towboat Company WA$44.1M · 0.19%
Convoy, Inc. WA$34.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911344257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.