Department of Labor filing

PALMER TRUCKS, INC.

PALMER TRUCK GROUP 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

63filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$1,640

Reported employer contributions per active participant.

Higher than about 84% of comparable plans

#People in the filing

708

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$194 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 14% of comparable plans

↗Investment performance

Not available

Plan assets changed 16.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202463out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions84th percentileTypical peer $680 · based on 259 comparable plans

Lower reported administrative expense14th percentileTypical peer $121 · based on 277 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PALMER TRUCKS, INC. reported $1,161,354 in employer contributions across the plan and 708 active participants. That works out to $1,640 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 65.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 10.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context63/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,161,354
Participant contributions: $3,479,492
Other contributions: $299,994
Employer share of reported contributions: 25.0%
Beginning assets: $34,019,867
Ending assets: $39,676,301
Ending net assets: $39,676,301
Ending liabilities: $0
Total income: $9,967,675
Total expenses: $4,311,241
Administrative expenses: $144,082
Participant loans: $1,110,856

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$990

2023

$1,729

2024

$1,640

Plan-paid administrative expenses per participant

2022

$175

2023

$180

2024

$194

Active participants

2022

614

2023

637

2024

708

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,640	708	39.7M	20250922112356NAL0006003840001
2023	$1,729	637	34M	20241002133859NAL0014410528001
2022	$990	614	26.8M	20230928105224NAL0007496275001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 351112033-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1967
Industry: Retail trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2F2G2J2K2S2T2E3H3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250922112356NAL0006003840001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗