Plan Ledger DOL Form 5500 · updated monthly

Rechtien International Trucks401(k)

RECHTIEN INTERNATIONAL TRUCKS, INC. 401(K) RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Rechtien International Trucks reported $48,398 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $688 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 0.39% to 0.48%. 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 1,734th-largest of 3,644 plans among Florida employers on file, and the 2,543rd of 5,215 in retail trade. In 2024, employees put in $6.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,468,428
Participants with balances142
Active participants162
Employer contributions$111,462
Employee contributions$702,702
Employer contribution per active participant$688
Average account balance$73,721
Benefits paid to participants$1,545,889
Plan auditUnmodified (clean) audit opinion
AuditorSHARFF WITTMER KURTZ JACKSON
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 142 accts · $111K emplr
2023$9.9M · 150 accts · $117K emplr
2022$8.8M · 158 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,207
Investment management$25,191
Total administrative$48,398
The Rechtien International Trucks 401(k) match · 2024
Employer contribution per active participant$688
Median for plans this size$2,416
2024$688 per active participant
2023$667 per active participant
2022$667 per active participant

Rechtien International Trucks'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 · 20242
SAGEVIEW ADVISORY GROUP LLC · Recordkeeping · Trustee$25,191
ADP, INC. · Loan processing · Recordkeeping$23,207

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

Recordkeeper by year2
2024ADP, SAGEVIEW ADVISORY GROUP LLC
2023ADP, SAGEVIEW ADVISORY GROUP LLC

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

Administrative cost history3
2024$48,398 · 0.48%
2023$38,155 · 0.41%
2022$37,423 · 0.39%
Same employer
Similar plansRetail Trade · Florida
Petro Services, Inc. FL$10.4M · 0.68%
B & R Supermarket, Inc. FL$9.8M · 0.65%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592044408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.