Plan Ledger DOL Form 5500 · updated monthly

Jackson Group Peterbilt, Inc.401(k)

JACKSON GROUP PETERBILT, INC. 401(K) RETIREMENT PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Jackson Group Peterbilt, Inc. reported $78,358 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $601 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 has held roughly steady near 0.29%. 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 220th-largest of 848 plans among Utah employers on file, and the 1,010th of 5,215 in retail trade. In 2024, employees put in $8.89 for every $1.00 the employer contributed; active participation has grown from 705 to 836 since 2022.

Plan summary
Net assets, end of year$30,539,717
Participants with balances1,135
Active participants836
Employer contributions$502,804
Employee contributions$4,471,035
Employer contribution per active participant$601
Average account balance$26,907
Benefits paid to participants$1,941,228
Plan auditUnmodified (clean) audit opinion
AuditorCMP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 1,135 accts · $503K emplr
2023$23.8M · 923 accts · $557K emplr
2022$17.2M · 776 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,358
Total administrative$78,358
The Jackson Group Peterbilt, Inc. 401(k) match · 2024
Employer contribution per active participant$601
Median for plans this size$2,416
2024$601 per active participant
2023$739 per active participant
2022$567 per active participant

Jackson Group Peterbilt, 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 · 20243
NATIONAL BENEFIT SERVICES, LLC · Recordkeeping · Other services$23,792
NATIONWIDE · Other services · Loan processing$2,788
GLOBAL RETIREMENT PARTNERS, LLC · Other services$53,586

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

Recordkeeper by year2
2024NATIONAL BENEFIT SERVICES, LLC, Nationwide
2023NATIONAL BENEFIT SERVICES, LLC, Nationwide

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Administrative cost history3
2024$78,358 · 0.29%
2023$56,651 · 0.28%
2022Not separately reported
Same employer
Similar plansRetail Trade · Utah
Young Chevrolet Company UT$38.9M · 0.35%
Overland West, Inc. UT$36.9M · 0.47%
Les Olson Company, Inc. UT$35.2M · 0.40%
Zagg Incorporated UT$28.2M · 0.12%
Covalent Group, Inc. UT$23.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870621494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.