Plan Ledger DOL Form 5500 · updated monthly

Trekker Distributor Inc401(k)

TREKKER TRACTOR 401(K) PLAN · DAVIE, FL · plan year 2024

Reported admin expense ratio · 2024
1.99%

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

Trekker Distributor Inc reported $27,037 in plan administrative expenses for 2024: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $385 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 2.14% to 1.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (3,234th of 3,644), and 4,968th of 5,337 in construction. In 2024, employees put in $5.76 for every $1.00 the employer contributed; active participation has grown from 77 to 130 since 2022.

Plan summary
Net assets, end of year$1,490,451
Participants with balances273
Active participants130
Employer contributions$50,061
Employee contributions$288,317
Employer contribution per active participant$385
Average account balance$5,460
Benefits paid to participants$151,686
Plan auditUnmodified (clean) audit opinion
AuditorBENITEZ & COMPANY CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 273 accts · $50K emplr
2023$1.2M · 253 accts · $40K emplr
2022$966K · 232 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,714
Investment management$6,323
Total administrative$27,037
The Trekker Distributor Inc 401(k) match · 2024
Employer contribution per active participant$385
Median for plans this size$1,313
2024$385 per active participant
2023$308 per active participant
2022$418 per active participant

Trekker Distributor Inc's 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$20,713
WEALTH ENHANCEMENT ADVISORY SERVICE · Recordkeeping · Trustee$6,323
ADP BROKER-DEALER · Other servicesindirect comp

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, WEALTH ENHANCEMENT ADVISORY SERVICE
2023ADP, WEALTH ENHANCEMENT ADVISORY SERVICE

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Administrative cost history3
2024$27,037 · 1.99%
2023$23,612 · 2.15%
2022$25,287 · 2.14%
Similar plansConstruction · Florida
Q.G.S. Development, Inc. FL$1.6M · 1.71%
Arqai, LLC FL$1.6M · 0.23%
Colwill Engineering, Inc. FL$1.6M · 1.23%
Shelby Erectors, Inc. FL$1.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460715115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.