Plan Ledger DOL Form 5500 · updated monthly

Mid-America Truck Corporation dba US Truck Body/Midwest401(k)

U.S. TRUCK BODY 401(K) RETIREMENT PLAN · STREATOR, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Mid-America Truck Corporation dba US Truck Body/Midwest reported $47,252 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,332 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,089th of 3,702), and 7,459th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,779,723
Participants with balances152
Active participants162
Employer contributions$377,762
Employee contributions$678,627
Employer contribution per active participant$2,332
Average account balance$90,656
Benefits paid to participants$1,243,978
Plan auditUnmodified (clean) audit opinion
AuditorSELDON FOX & ASSOCIATES
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,153
Investment management$20,099
Total administrative$47,252
The Mid-America Truck Corporation dba US Truck Body/Midwest 401(k) match · 2024
Employer contribution per active participant$2,332
Median for plans this size$2,416

Mid-America Truck Corporation dba US Truck Body/Midwest'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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$27,153
NAVIGATE RETIREMENT SOLUTIONS · Investment advisory (plan)$20,099

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

Administrative cost history1
2024$47,252 · 0.36%
Similar plansManufacturing · Illinois
Doumak, Inc. IL$14.0M · 0.05%
Elgin Industries, Inc. IL$13.8M · 0.44%
Electri-Flex Company IL$13.7M · 0.22%
Alsip Minimill, LLC IL$13.6M · 0.39%
Kress Corporation IL$13.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363481529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.