Plan Ledger DOL Form 5500 · updated monthly

Vomac Truck Sales & Service, Inc.401(k)

VOMAC TRUCK SALES 401(K) RETIREMENT PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Vomac Truck Sales & Service, Inc. reported $37,985 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $736 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 0.39% to 0.37%. 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 among the smaller plans on file in Indiana (849th of 1,562), and the 2,438th of 5,215 in retail trade. In 2024, employees put in $5.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,041,588
Participants with balances130
Active participants178
Employer contributions$131,085
Employee contributions$761,690
Employer contribution per active participant$736
Average account balance$84,935
Benefits paid to participants$711,853
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER & MILLER
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 130 accts · $131K emplr
2023$9.7M · 145 accts · $149K emplr
2022$7.7M · 148 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,505
Investment management$31,480
Total administrative$37,985
The Vomac Truck Sales & Service, Inc. 401(k) match · 2024
Employer contribution per active participant$736
Median for plans this size$2,416
2024$736 per active participant
2023$824 per active participant
2022$893 per active participant

Vomac Truck Sales & Service, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$21,456
SHEPHERD FINANCIAL INVESTMENTS · Investment advisory (plan)$31,480

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,985 · 0.37%
2023$34,556 · 0.40%
2022$32,713 · 0.39%
Same employer
Similar plansRetail Trade · Indiana
Hull Lift Truck, Inc. IN$12.1M · 0.62%
Standale Lumber LLC IN$12.1M · 0.37%
Resident Home, LLC IN$11.8M · 0.26%
Uebelhor and Sons Chevrolet IN$11.4M · 0.37%
Quality Structures, LLC IN$10.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010552227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.