Plan Ledger DOL Form 5500 · updated monthly

Mack Trucks, Inc.401(k)

MACK UAW 401(K) PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mack Trucks, Inc. reported $217,964 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,069 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 112th-largest of 2,005 plans among North Carolina employers on file, and the 1,083rd of 13,661 in manufacturing. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 3,730 to 4,262 since 2022.

Plan summary
Net assets, end of year$220,252,623
Participants with balances3,980
Active participants4,262
Employer contributions$13,080,645
Employee contributions$14,580,029
Employer contribution per active participant$3,069
Average account balance$55,340
Benefits paid to participants$23,219,480
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$220.3M · 3,980 accts · $13.1M emplr
2023$187.8M · 3,855 accts · $8.7M emplr
2022$154.6M · 3,623 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$192,192
Investment management$3,788
Total administrative$217,964
The Mack Trucks, Inc. 401(k) match · 2024
Employer contribution per active participant$3,069
Median for plans this size$3,635
2024$3,069 per active participant
2023$2,242 per active participant
2022$1,945 per active participant

Mack Trucks, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$187,882
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$20,984
CURCIO WEBB · Consulting$3,788
QDRO CONSULTANTS COMPANY, LLC · Consulting$1,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Empower, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Mack Trucks, 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$217,964 · 0.11%
2023$221,873 · 0.13%
2022$220,228 · 0.13%
Similar plansManufacturing · North Carolina
Trane U.S. Inc. NC$248.4M
Elevate Textiles, Inc. NC$231.8M · 0.11%
Pepsi Bottling Ventures, LLC NC$219.7M · 0.22%
Hayward Industries, Inc. NC$214.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221582040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.