Plan Ledger DOL Form 5500 · updated monthly

Royal Basket Trucks Inc.401(k)

ROYAL BASKET TRUCKS INC 401(K) PROFIT SHARING PLAN & TRUST · DARIEN, WI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Royal Basket Trucks Inc. reported $17,718 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,496 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 fell from 1.80% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,479th of 1,936), and 10,178th of 13,661 in manufacturing. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,993,581
Participants with balances156
Active participants164
Employer contributions$409,342
Employee contributions$422,851
Employer contribution per active participant$2,496
Average account balance$44,831
Benefits paid to participants$193,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 156 accts · $409K emplr
2023$5.4M · 181 accts · $362K emplr
2022$4.1M · 182 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,218
Total administrative$17,718
The Royal Basket Trucks Inc. 401(k) match · 2024
Employer contribution per active participant$2,496
Median for plans this size$1,313
2024$2,496 per active participant
2023$2,251 per active participant
2022$2,064 per active participant

Royal Basket Trucks Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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

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$17,718 · 0.28%
2023$15,900 · 0.33%
2022$78,607 · 1.80%
Same employer
Similar plansManufacturing · Wisconsin
Matenaer Corporation WI$7.1M · 0.25%
Abet USA, Inc. WI$7.1M · 0.57%
Tnt Crust LLC WI$7.1M · 1.91%
Dental Crafters, Inc. WI$6.9M · 0.51%
Wendricks Truss, Inc. WI$6.8M · 0.26%
Exodus Global, LLC WI$6.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391441193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.