Plan Ledger DOL Form 5500 · updated monthly

Tom Nehl Truck Company401(k)

TOM NEHL TRUCK COMPANY EMPLOYEES 401K · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Tom Nehl Truck Company reported $30,201 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,386 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 0.191%. 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 1,260th-largest of 3,644 plans among Florida employers on file, and the 1,723rd of 5,215 in retail trade. In 2024, employees put in $4.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,912,475
Participants with balances274
Active participants256
Employer contributions$354,897
Employee contributions$1,557,095
Employer contribution per active participant$1,386
Average account balance$61,724
Benefits paid to participants$1,610,385
Plan auditUnmodified (clean) audit opinion
AuditorSMOAK, DAVIS & NIXON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 274 accts · $355K emplr
2023$14.8M · 304 accts · $340K emplr
2022$12.6M · 310 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,150
Investment management$12,763
Total administrative$30,201
The Tom Nehl Truck Company 401(k) match · 2024
Employer contribution per active participant$1,386
Median for plans this size$2,416
2024$1,386 per active participant
2023$1,258 per active participant
2022$1,175 per active participant

Tom Nehl Truck Company'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 · 20243
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$18,650
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$11,551
MAI CAPITAL MANAGEMENT, LLCindirect comp

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$30,201 · 0.19%
2023$28,176 · 0.21%
2022$25,429 · 0.19%
Same employer
Similar plansRetail Trade · Florida
Bill Jarrett Ford Inc. FL$17.6M · 0.13%
Acorn Stairlifts, Inc FL$17.5M · 0.57%
Curant Inc FL$17.1M · 0.04%
Bartow Ford Co. FL$15.8M · 0.19%
Fresco Retail Group LLC FL$15.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590840355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.