Plan5500

Cit Trucks Retirement Readiness Plan — Form 5500 plan (Cit Trucks, LLC)

Plain-English plan 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, Cit Trucks Retirement Readiness Plan is a benefit plan reported by Cit Trucks, LLC under EIN 81-0977172 and plan number 001. The latest loaded filing year is 2023. The filing reports 943 participants and $46,796,757 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cit Trucks, LLC
EIN
81-0977172
Plan number
001
Plan type
2
Location
Normal, IL
Latest filing year
2023
Participants
943
End-of-year plan assets
$46,796,757

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023943H, C20240627160408NAL0006479027001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$46,796,757
Net assets (EOY)
$46,796,757
Net assets (BOY)
$38,438,266

Income & contributions

Employer contributions
$2,152,146
Participant contributions
$3,827,530
Total contributions
$6,217,546
Total income / additions
$13,261,368

Expenses & distributions

Benefits paid
$4,773,203
Administrative expenses
$129,674
Total expenses
$4,902,877
Net increase / (decrease)
$8,358,491

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$82,688$02023
Shepherd Financial Inv. AdvisoryADVISOR$46,000not reported in the loaded dataset2023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages