Plan Ledger DOL Form 5500 · updated monthly

Nacarato Trucks General Partnership401(k)

NACARATO TRUCKS GENERAL PARTNERSHIP 401(K) PLAN · LAVERGNE, TN · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Nacarato Trucks General Partnership reported $115,103 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,990 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 rose from 0.57% to 0.73%. 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 633rd-largest of 1,496 plans among Tennessee employers on file, and the 1,784th of 5,215 in retail trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 239 to 264 since 2022.

Plan summary
Net assets, end of year$16,257,606
Participants with balances312
Active participants264
Employer contributions$525,436
Employee contributions$1,099,958
Employer contribution per active participant$1,990
Average account balance$52,108
Benefits paid to participants$2,366,090
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 312 accts · $525K emplr
2023$15.4M · 304 accts · $542K emplr
2022$12.2M · 276 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,394
Investment management$11,608
Audit (IQPA)$14,101
Total administrative$115,103
The Nacarato Trucks General Partnership 401(k) match · 2024
Employer contribution per active participant$1,990
Median for plans this size$2,416
2024$1,990 per active participant
2023$1,819 per active participant
2022$2,159 per active participant

Nacarato Trucks General Partnership'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,378
KRAFTCPAS PLLC · Accounting / audit$14,076
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$11,608
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$115,103 · 0.73%
2023$70,200 · 0.51%
2022$74,786 · 0.57%
Same employer
Similar plansRetail Trade · Tennessee
City Enterprises, LLC TN$19.1M · 0.27%
Pilot Corporation TN$17.1M · 0.41%
Gossett Motor Cars, Inc. TN$14.9M · 0.67%
Easy Auto, Inc. TN$14.6M · 0.22%
Top Rx, LLC TN$14.4M · 0.49%
Ritchey Management II, LLC TN$14.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811032763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.