2023 Form 5500 filing — Cit Trucks Retirement Readiness Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240627160408NAL0006479027001) for Cit Trucks Retirement Readiness Plan, reported by Cit Trucks, LLC under EIN 81-0977172 and plan number 001. It reports 943 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240627160408NAL0006479027001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cit Trucks, LLC
- EIN
- 81-0977172
- Plan number
- 001
- Location
- Normal, IL
- Participants
- 943
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,796,757
- Net assets (EOY)
- $46,796,757
- Employer contributions
- $2,152,146
- Participant contributions
- $3,827,530
- Total income / additions
- $13,261,368
- Benefits paid
- $4,773,203
- Administrative expenses
- $129,674
- Total expenses
- $4,902,877
- Net increase / (decrease)
- $8,358,491
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $82,688 | $0 |
| Shepherd Financial Inv. Advisory | ADVISOR | $46,000 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |