Plan Ledger DOL Form 5500 · updated monthly

Omaha Truck Center, Inc.401(k)

OMAHA TRUCK CENTER, INC. 401(K) RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Omaha Truck Center, Inc. reported $313,451 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,099 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 0.47% to 0.55%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 110th-largest of 565 plans among Nebraska employers on file, and the 338th of 2,677 in transportation & warehousing. In 2024, employees put in $4.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,397,936
Participants with balances1,101
Active participants968
Employer contributions$1,064,044
Employee contributions$4,673,181
Employer contribution per active participant$1,099
Average account balance$55,766
Benefits paid to participants$4,489,265
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$61.4M · 1,101 accts · $1.1M emplr
2023$52.7M · 1,059 accts · $1.1M emplr
2022$44.4M · 1,025 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,770
Investment management$184,681
Total administrative$313,451
The Omaha Truck Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,099
Median for plans this size$3,635
2024$1,099 per active participant
2023$1,183 per active participant
2022$1,128 per active participant

Omaha Truck Center, Inc.'s 2024 employer contribution ran below the $3,635 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$128,770
FELTZ WEALTH PLAN · Investment advisory (plan)$184,681

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$313,451 · 0.55%
2023$281,047 · 0.58%
2022$232,598 · 0.47%
Same employer
Similar plansTransportation & Warehousing · Nebraska
Union Pacific Corporation NE$2.3B · 0.04%
Crete Carrier Corporation NE$392.4M · 0.32%
Werner Enterprises, Inc. NE$309.6M · 0.17%
Jet Linx Aviation, LLC NE$38.1M · 0.36%
Transwood, Inc. NE$35.2M · 0.42%
Tsl Company Holdings, LTD NE$23.5M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470566062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.