Plan Ledger DOL Form 5500 · updated monthly

Tri State Truck Center, LLC401(k)

ADVANTAGE TRUCK GROUP, LLC 401(K) PLAN · SHREWSBURY, MA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Tri State Truck Center, LLC reported $89,775 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $3,092 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 rose from 0.05% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 945th-largest of 2,726 plans among Massachusetts employers on file, and the 525th of 2,677 in transportation & warehousing. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 319 to 392 since 2022.

Plan summary
Net assets, end of year$32,712,810
Participants with balances494
Active participants392
Employer contributions$1,212,091
Employee contributions$1,835,023
Employer contribution per active participant$3,092
Average account balance$66,220
Benefits paid to participants$2,794,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 494 accts · $1.2M emplr
2023$28.7M · 404 accts · $948K emplr
2022$17.9M · 289 accts · $742K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,775
Total administrative$89,775
The Tri State Truck Center, LLC 401(k) match · 2024
Employer contribution per active participant$3,092
Median for plans this size$2,416
2024$3,092 per active participant
2023$2,515 per active participant
2022$2,325 per active participant

Tri State Truck Center, LLC's 2024 employer contribution ran above 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
CAPITAL GROUP RETIREMENT PLAN SRV.$45,202
OSAIC WEALTH, INC · Investment advisory (plan)$28,381
NBT BANK NA DBA THIRD PARTY ADMINIS · Contract administrator$11,942

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$89,775 · 0.29%
2023$66,977 · 0.29%
2022$9,563 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Cape Air/Nantucket Airlines MA$34.9M · 0.24%
Lily Transportation Corp. MA$31.1M · 0.24%
Enstructure LLC MA$30.6M · 0.06%
N.R.F. Distributors, Inc. MA$22.3M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042840481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.