Plan Ledger DOL Form 5500 · updated monthly

McCandless Truck Center, Inc401(k)

MCCANDLESS TRUCK CENTER, INC THRIFT 401(K) PLAN · AURORA, CO · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

McCandless Truck Center, Inc reported $72,032 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $595 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 0.85% to 0.56%. 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 691st-largest of 1,461 plans among Colorado employers on file, and 2,553rd of 4,246 in wholesale trade. In 2024, employees put in $7.38 for every $1.00 the employer contributed; active participation has grown from 283 to 312 since 2022.

Plan summary
Net assets, end of year$13,112,189
Participants with balances364
Active participants312
Employer contributions$185,657
Employee contributions$1,370,137
Employer contribution per active participant$595
Average account balance$36,022
Benefits paid to participants$2,826,063
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 364 accts · $186K emplr
2023$12.7M · 358 accts · $158K emplr
2022$8.3M · 340 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,227
Trustee / custodial$32,805
Total administrative$72,032
The McCandless Truck Center, Inc 401(k) match · 2024
Employer contribution per active participant$595
Median for plans this size$2,416
2024$595 per active participant
2023$503 per active participant
2022$425 per active participant

McCandless 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
ADP, INC. · Loan processing · Recordkeeping$39,227
CREIGHTON RETIREMENT PARTNERS · Recordkeeping · Trustee$32,804

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

Recordkeeper by year2
2024ADP, CREIGHTON RETIREMENT PARTNERS
2023ADP, CREIGHTON RETIREMENT PARTNERS

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

Administrative cost history3
2024$72,032 · 0.56%
2023$62,513 · 0.60%
2022$73,666 · 0.85%
Same employer
Similar plansWholesale Trade · Colorado
Forney Industries, Inc. CO$14.0M · 0.51%
Kong Company, LLC CO$13.9M · 0.42%
Sumup, Inc. CO$13.7M · 0.45%
Nite Ize, Inc. CO$13.3M · 0.51%
Krayden, Inc. CO$12.0M · 0.31%
George T. Sanders Company CO$10.3M · 0.20%
Rws Operating Co, LLC CO$9.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840889501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.