Trego/dugan Aviation, Inc. 401(k) Review & Grade
Trego-Dugan 401(k) Plan
North Platte, NETransportation & Warehousing2,195 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$87Employer $ per active participant
$374Employee $ saved per active participant
8.46%Direct admin cost, % of plan assets
$1.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity2.9 / 506th percentile for employer $ per participant
- Low cost0.0 / 250th percentile for low admin cost vs. same-size plans
- Employee saving0.5 / 153th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score6 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 0th |
| Employee saving | 3th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Trego/dugan Aviation put in about $87 per active participant, below the typical peer ($1,070). 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 (8.46% of assets) are well above similar-size plans (0.23%). 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.
- 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 | $191,703 |
| Participant (employee) contributions | $820,840 |
| Other contributions (incl. rollovers in) | $9,765 |
| Administrative expenses paid from the plan | $121,337 |
| Benefits paid out | $335,586 |
| Net assets, start / end of year | $1.1M / $1.8M |
| Active participants, start / end of year | 2,248 / 2,142 |
| Participants with account balances | 440 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $121,337 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003050500NAL0001800656001, received 2025-10-03, EIN 47-0497791, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.