Plan Ledger DOL Form 5500 · updated monthly

North American Truck & Trailer, Inc401(k)

NORTH AMERICAN TRUCK & TRAILER, INC 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

North American Truck & Trailer, Inc reported $44,451 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $741 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. 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 104th-largest of 233 plans among South Dakota employers on file, and 2,208th of 4,246 in wholesale trade. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has grown from 292 to 326 since 2022.

Plan summary
Net assets, end of year$16,580,812
Participants with balances306
Active participants326
Employer contributions$241,722
Employee contributions$873,229
Employer contribution per active participant$741
Average account balance$54,186
Benefits paid to participants$1,401,924
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 306 accts · $242K emplr
2023$14.9M · 267 accts · $231K emplr
2022$12.9M · 286 accts · $233K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,451
Total administrative$44,451
The North American Truck & Trailer, Inc 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$2,416
2024$741 per active participant
2023$812 per active participant
2022$800 per active participant

North American Truck & Trailer, 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 · 20241
FIRST BANK & TRUST · Recordkeeping · Trustee$44,451

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

Recordkeeper by year2
2024FIRST BANK & TRUST
2023FIRST BANK & TRUST

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

Administrative cost history3
2024$44,451 · 0.28%
2023$38,789 · 0.28%
2022$39,404 · 0.27%
Same employer
Similar plansWholesale Trade · South Dakota
O'Connor Company, Inc. SD$30.1M · 0.22%
Consumers Supply Dist LLC SD$29.0M · 0.32%
Schull Construction Company SD$18.3M · 0.42%
M.G. Oil Company SD$12.7M · 0.28%
Jds Industries, Inc. SD$12.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460318253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.