Plan Ledger DOL Form 5500 · updated monthly

Speedway Motors, Inc.401(k)

SPEEDWAY MOTORS, INC. 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Speedway Motors, Inc. reported $35,722 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,507 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 0.16% to 0.11%. 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 164th-largest of 565 plans among Nebraska employers on file, and the 861st of 5,215 in retail trade. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has shrunk from 593 to 519 since 2022.

Plan summary
Net assets, end of year$36,734,173
Participants with balances694
Active participants519
Employer contributions$782,094
Employee contributions$2,343,358
Employer contribution per active participant$1,507
Average account balance$52,931
Benefits paid to participants$1,146,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 694 accts · $782K emplr
2023$30.3M · 711 accts · $705K emplr
2022$24.4M · 749 accts · $594K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,722
Total administrative$35,722
The Speedway Motors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,507
Median for plans this size$2,416
2024$1,507 per active participant
2023$1,333 per active participant
2022$1,001 per active participant

Speedway Motors, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
UNION BANK & TRUST COMPANY · Claims processing · Recordkeeping$35,740

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

Recordkeeper by year2
2024UNION BANK & TRUST COMPANY
2023UNION BANK & TRUST COMPANY

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

Administrative cost history3
2024$35,722 · 0.11%
2023$58,195 · 0.21%
2022$41,166 · 0.16%
Same employer
Similar plansRetail Trade · Nebraska
B&R Stores, Inc. NE$74.6M · 0.23%
Baxter Shared Services, LLC NE$61.4M · 0.27%
21ST Century Equipment, LLC NE$42.6M · 0.02%
Sapp Bros., Inc. NE$30.5M · 0.47%
Eakes, Inc. NE$25.2M · 0.33%
Millard Lumber Inc. NE$21.3M · 0.47%
H&H Automotive LLC NE$21.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470531028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.