Plan Ledger DOL Form 5500 · updated monthly

Niece Trucking, Inc.401(k)

NIECE TRUCKING, INC. 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Niece Trucking, Inc. reported $234 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,863 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (756th of 878), and 1,871st of 2,677 in transportation & warehousing. In 2024, the employer put in $1.66 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,416,154
Participants with balances166
Active participants181
Employer contributions$337,144
Employee contributions$203,053
Employer contribution per active participant$1,863
Average account balance$20,579
Benefits paid to participants$69,963
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MANAGEMENT
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$234
Total administrative$234
The Niece Trucking, Inc. 401(k) match · 2024
Employer contribution per active participant$1,863
Median for plans this size$1,313

Niece Trucking, Inc.'s 2024 employer contribution ran above the $1,313 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
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)$5

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$234 · 0.01%
Same employer
Similar plansTransportation & Warehousing · Iowa
General Logistics, Inc. IA$3.4M · 1.19%
Ben Shinn Trucking, Inc. IA$3.0M · 0.13%
Johnsrud Transport, Inc. IA$2.9M · 0.60%
Simon's Trucking, Inc. IA$2.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421429152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.