Realtruck Group, Inc. 401(k) Review & Grade
Realtruck Retirement Savings Plan
Ann Arbor, MIManufacturing4,172 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,539Employer $ per active participant
$3,302Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$143.9MNet plan assets, end of year
$28,761Average balance per account
Score breakdown
- Employer generosity9.6 / 5019th percentile for employer $ per participant
- Low cost3.0 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving2.5 / 1517th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score25 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 12th |
| Employee saving | 17th |
| Peers that auto-enroll | 70% |
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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
- Realtruck Group put in about $1,539 per active participant, below the typical peer ($3,452). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.53% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $6,420,420 |
| Participant (employee) contributions | $13,779,559 |
| Other contributions (incl. rollovers in) | $1,402,033 |
| Administrative expenses paid from the plan | $695,308 |
| Investment advisory & management fees | $89,913 |
| Other admin expenses | $125 |
| Benefits paid out | $15,164,512 |
| Net assets, start / end of year | $120.6M / $143.9M |
| Active participants, start / end of year | 4,176 / 4,169 |
| Participants with account balances | 5,004 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran PLLC |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $584,270 reported compensation |
| Gregory J Schwartz & Company Inc | $87,991 reported compensation |
| P&m Holding Group LLP DBA Plante | $21,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014121324NAL0003893536001, received 2025-10-14, EIN 47-1350873, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.