Peninsula Truck Lines, Inc. 401(k) Review & Grade
Peninsula Truck Lines, Inc. 401(k) Retirement Plan
Auburn, WATransportation & Warehousing530 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,297Employer $ per active participant
$3,646Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$46.9MNet plan assets, end of year
$63,521Average balance per account
Score breakdown
- Employer generosity47.1 / 5094th percentile for employer $ per participant
- Low cost9.1 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1559th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 37th |
| Employee saving | 59th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Peninsula Truck Lines put in about $5,297 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,809,861 |
| Participant (employee) contributions | $1,934,273 |
| Other contributions (incl. rollovers in) | $262,563 |
| Administrative expenses paid from the plan | $146,426 |
| Investment advisory & management fees | $114,227 |
| Benefits paid out | $4,320,250 |
| Net assets, start / end of year | $40.2M / $46.9M |
| Active participants, start / end of year | 565 / 496 |
| Participants with account balances | 739 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clifton Larson Allen LLP |
Largest service providers (Schedule C)
| American Northwest Advisory Service | $114,227 reported compensation |
| American Northwest RPS | $32,199 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013125908NAL0000624035001, received 2025-10-13, EIN 91-0583906, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.