Plan Ledger DOL Form 5500 · updated monthly

Truck Centers, Inc.401(k)

TRUCK CENTERS, INC. 401(K) PLAN · TROY, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Truck Centers, Inc. reported $106,222 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,438 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 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 729th-largest of 3,702 plans among Illinois employers on file, and the 609th of 4,246 in wholesale trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,295,908
Participants with balances720
Active participants712
Employer contributions$1,736,055
Employee contributions$3,807,855
Employer contribution per active participant$2,438
Average account balance$94,855
Benefits paid to participants$4,186,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.3M · 720 accts · $1.7M emplr
2023$59.6M · 739 accts · $1.4M emplr
2022$52.2M · 751 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,389
Investment management$89,833
Total administrative$106,222
The Truck Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,438
Median for plans this size$3,635
2024$2,438 per active participant
2023$1,881 per active participant
2022$1,599 per active participant

Truck Centers, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
EDWARD JONES · Investment advisory (plan)$89,833
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$16,389

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$106,222 · 0.17%
2023$93,608 · 0.17%
2022$90,078 · 0.16%
Same employer
Similar plansWholesale Trade · Illinois
Osg USA, Inc. IL$72.3M · 0.17%
Medela LLC IL$71.8M · 0.14%
Old World Industries, LLC IL$71.8M · 0.12%
Connor Co. IL$70.3M · 0.12%
M. Holland Company IL$68.3M · 0.16%
Antylia Scientific IL$65.9M · 0.40%
Mat Holdings, Inc. IL$63.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370922808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.