401(k) · DOL Form 5500 · 2023

Cit Trucks, LLC 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
748
Participants Near avg headcount
85th
Percentile by assets National rank
$62,563
Avg per participant Low balance/head
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Official DOL plan name: Cit Trucks Retirement Readiness Plan · Sponsored by Cit Trucks, LLC · Illinois · Retail Trade

$47M in assets, 748 participants

Cit Trucks, LLC's Cit Trucks Retirement Readiness Plan reported $47M in total assets and 748 participants in its 2023 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,692 in Retail Trade (8,414 peers)

Where Cit Trucks Retirement Readiness Plan sits by assets

Cit Trucks Retirement Readiness Plan sits in the top quartile of all filed plans by assets, $47M for 748 participants (~$62,563/participant), up 21.7% in 2023.

#7,692
in Retail Trade (8,414 peers)
+21.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Cit Trucks Retirement Readiness Plan's outsized position by total assets

Cit Trucks Retirement Readiness Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$46,796,757 Top 15% higher than 85% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Cit Trucks Retirement Readiness Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cit Trucks Retirement Readiness Plan sits mid-pack in the medium band (748 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cit Trucks Retirement Readiness Plan reported net income rose from -$6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Cit Trucks Retirement Readiness Plan end-of-year assets rose from $38M in the plan year 2022 filing to $47M in the plan year 2023 filing.
  • Cit Trucks Retirement Readiness Plan reported participants rose from 689 in the plan year 2022 filing to 748 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 810977172 · Cit Trucks, LLC PY 2023 · 401(k)

Cit Trucks Retirement Readiness Plan · $47M · 748 · 85th

  • BOY $47M
  • SCH 748
  • EBSA 85th
  • PART 401(k)
  • TYPE near Ricetec Inc. Retirement Savings Plan
  • NET ind #7692

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Illinois →

Cit Trucks Retirement Readiness Plan in the asset neighbourhood

Premier America Retirement and Savings PlanPremier America Retirement a…$47MCit Trucks Retirement Readiness PlanCit Trucks Retirement Readin…$47MRicetec Inc. Retirement Savings PlanRicetec Inc. Retirement Savi…$47MThe Western Sugar Cooperative Salaried Savings and Investment PlanThe Western Sugar Cooperativ…$47MDean Dorton Allen Ford, PLLC Retirement PlanDean Dorton Allen Ford, PLLC…$47M
End-of-year total assets ($M) among Cit Trucks Retirement Readiness Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$47M
Net Income$8M
Employer EIN810977172
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cit Trucks, LLC)

Sponsor-wide plan assets over time

All Cit Trucks, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$57M 47.06247415010865% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $38.4M $56.5M ▲ +47.1%
Year Plans Participants Total Assets
2022 1 689 $38M
2023 1 748 $47M
2024 1 846 $57M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cit Trucks Retirement Readiness Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Cit Trucks Retirement Readiness Plan, Total assets ($B): 0.046796757 · Participants: 748Cit Trucks Retirement Readiness PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Cit Trucks Retirement Readiness Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Cit Trucks Retirement Readiness Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Ricetec Inc. Retirement Savings Plan in TX ($47M); by covered participants it is Mccombs Automotive Group Employee Capital Accmulation Plan in TX (748 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (748 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cit Trucks Retirement Readiness Plan assets move in 2023?
Cit Trucks Retirement Readiness Plan grew sharply - up 21.7% during 2023, from $38M to $47M. Reported net income was $8M.
How have Cit Trucks, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Cit Trucks, LLC's sponsor-wide assets grew 47.1%, from $38M to $57M.
Where does Cit Trucks Retirement Readiness Plan rank by assets among Form 5500 filers?
Cit Trucks Retirement Readiness Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Cit Trucks Retirement Readiness Plan?
Among 401(k) plans in other states, the closest by assets is Ricetec Inc. Retirement Savings Plan in TX ($47M, 291 participants).
Which 401(k) plans cover a similar participant headcount to Cit Trucks Retirement Readiness Plan?
Among 401(k) plans in other states, the closest by covered participants is Mccombs Automotive Group Employee Capital Accmulation Plan in TX (748 participants, $56M in assets).