Plan Ledger DOL Form 5500 · updated monthly

Realtruck Group, Inc.401(k)

REALTRUCK RETIREMENT SAVINGS PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Realtruck Group, Inc. reported $695,308 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,540 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 0.526%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 204th-largest of 2,619 plans among Michigan employers on file, and the 1,463rd of 13,661 in manufacturing. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$143,918,525
Participants with balances5,004
Active participants4,169
Employer contributions$6,420,420
Employee contributions$13,779,559
Employer contribution per active participant$1,540
Average account balance$28,761
Benefits paid to participants$15,164,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$143.9M · 5,004 accts · $6.4M emplr
2023$120.6M · 6,318 accts · $5.6M emplr
2022$97.7M · 5,072 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$584,270
Investment management$89,913
Audit (IQPA)$21,000
Total administrative$695,308
The Realtruck Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,540
Median for plans this size$3,635
2024$1,540 per active participant
2023$1,427 per active participant
2022$1,367 per active participant

Realtruck Group, 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 · 20246
GREGORY J SCHWARTZ & COMPANY INC · Investment advisory (plan)$87,991
P&M HOLDING GROUP LLP DBA PLANTE · Accounting / audit$21,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,922
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$125

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$695,308 · 0.53%
2023$593,696 · 0.54%
2022$551,362 · 0.53%
Same employer
Similar plansManufacturing · Michigan
West Michigan Molding, Inc. MI$148.4M · 0.21%
Brose North America, Inc. MI$146.6M · 0.05%
Megalodon Midco, LLC MI$145.6M · 0.18%
Bissell Inc. MI$144.4M · 0.05%
Inteva Products, LLC MI$141.0M · 0.22%
Arch Global Holdings, LLC MI$127.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471350873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.