Plan Ledger DOL Form 5500 · updated monthly

Star Truck Rentals, Inc.401(k)

STAR TRUCK RENTALS, INC. 401(K) PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Star Truck Rentals, Inc. reported $85,301 in plan administrative expenses for 2022: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,489 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (1,341st of 2,619), and the 928th of 2,096 in real estate & leasing. In 2022, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,156,737
Participants with balances286
Active participants213
Employer contributions$743,069
Employee contributions$764,460
Employer contribution per active participant$3,489
Average account balance$46,003
Benefits paid to participants$1,838,334
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP, PLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $129K emplr
2022$13.2M · 286 accts · $743K emplr
Administrative expenses, itemized · 2022
Professional / advisory$85,301
Total administrative$85,301
The Star Truck Rentals, Inc. 401(k) match · 2022
Employer contribution per active participant$3,489
Median for plans this size$2,266

Star Truck Rentals, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$85,301 · 0.58%
Similar plansReal Estate & Leasing · Michigan
Lautrec, LTD. MI$14.9M · 0.01%
Rpt Realty, Inc. MI$14.3M · 0.43%
Easy Ice, LLC MI$13.4M · 0.52%
Rhp Staffing Company MI$12.3M · 0.94%
Liv Communities LLC MI$10.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381065630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.