Plan Ledger DOL Form 5500 · updated monthly

Jbp, LLC dba Silver State International Trucks401(k)

SILVER STATE INTERNATIONAL TRUCKS 401(K) PROFIT SHARING PLAN · SPARKS, NV · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Jbp, LLC dba Silver State International Trucks reported $67,830 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,906 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 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 168th-largest of 437 plans among Nevada employers on file, and 2,556th of 4,246 in wholesale trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,102,103
Participants with balances140
Active participants144
Employer contributions$418,519
Employee contributions$754,247
Employer contribution per active participant$2,906
Average account balance$93,586
Benefits paid to participants$1,199,881
Plan auditUnmodified (clean) audit opinion
AuditorKATHLEEN A. CAROLIN, CPA, PC.
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 140 accts · $419K emplr
2023$11.4M · 137 accts · $401K emplr
2022$10.4M · 127 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,280
Total administrative$67,830
The Jbp, LLC dba Silver State International Trucks 401(k) match · 2024
Employer contribution per active participant$2,906
Median for plans this size$2,416
2024$2,906 per active participant
2023$2,506 per active participant
2022$2,482 per active participant

Jbp, LLC dba Silver State International Trucks's 2024 employer contribution ran above 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 LIFE INSURANCE · Recordkeeping · Investment management$2,052

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

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

Administrative cost history3
2024$67,830 · 0.55%
2023$67,263 · 0.62%
2022$66,139 · 0.59%
Same employer
Similar plansWholesale Trade · Nevada
Caltrol, Inc NV$32.5M · 0.24%
Haws Corporation NV$26.5M · 0.08%
Redwood Materials NV$17.9M · 0.66%
Nevada Beverage Company NV$13.7M · 0.02%
Jcm American Corporation NV$13.1M · 0.56%
Elemental Led Inc NV$10.8M · 0.49%
The Sunstone Group NV$7.1M · 0.36%
Walters Bayer Auto Group NV$4.6M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201588437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.