401(k) · DOL Form 5500 · 2024

Palmer Trucks, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
637
Participants Below avg headcount
81st
Percentile by assets National rank
$62,286
Avg per participant Low balance/head
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Official DOL plan name: Palmer Truck Group 401(k) Plan · Sponsored by Palmer Trucks, Inc. · Indiana · Retail Trade

$40M in assets, 637 participants

Palmer Trucks, Inc.'s Palmer Truck Group 401(k) Plan reported $40M in total assets and 637 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,178 in Retail Trade (8,048 peers)

Where Palmer Truck Group 401(k) Plan sits by assets

Palmer Truck Group 401(k) Plan sits in the top quartile of all filed plans by assets, $40M for 637 participants (~$62,286/participant), up 16.6% in 2024.

#7,178
in Retail Trade (8,048 peers)
+16.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Palmer Truck Group 401(k) Plan's outsized position by total assets

Palmer Truck Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$39,676,301 Top 19% higher than 81% of 123,620 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 2024

Palmer Truck Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palmer Truck Group 401(k) Plan sits mid-pack in the medium band (637 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palmer Truck Group 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Palmer Truck Group 401(k) Plan end-of-year assets rose from $34M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Palmer Truck Group 401(k) Plan reported participants rose from 614 in the plan year 2023 filing to 637 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351112033 · Palmer Trucks, Inc. PY 2024 · 401(k)

Palmer Truck Group 401(k) Plan · $40M · 637 · 81st

  • BOOK $40M
  • BOOK 637
  • BOOK 81st
  • BOOK 401(k)
  • BOOK near Kordsa, Inc. 401(k) Profit Sharing Plan
  • BOOK ind #7178

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 Indiana →

Palmer Truck Group 401(k) Plan in the asset neighbourhood

Palmer Truck Group 401(k) PlanPalmer Truck Group 401(k) Pl…$40MKordsa, Inc. 401(k) Profit Sharing PlanKordsa, Inc. 401(k) Profit S…$40MFirst Federal Savings Bank 401(k) Profit Sharing PlanFirst Federal Savings Bank 4…$40MZrg Partners 401(k) Retirement PlanZrg Partners 401(k) Retireme…$40ME & E 401(k) & Profit Sharing PlanE & E 401(k) & Profit Sharin…$40M
End-of-year total assets ($M) among Palmer Truck Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$40M
Net Income$6M
Employer EIN351112033
Plan Effective Date1967-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Trucks, Inc.)

Sponsor-wide plan assets over time

All Palmer Trucks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 48.1676676447715% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $26.8M $39.7M ▲ +48.2%
Year Plans Participants Total Assets
2022 1 581 $27M
2023 1 614 $34M
2024 1 637 $40M

Nearby 401(k) Plans in Indiana

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

Palmer Truck Group 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Palmer Truck Group 401(k) Plan, Total assets ($B): 0.039676301 · Participants: 637Palmer Truck Group 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Palmer Truck Group 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Palmer Truck Group 401(k) Plan side-by-side with 3 peers →

Palmer Truck Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Kordsa, Inc. 401(k) Profit Sharing Plan in TN ($40M); by covered participants it is Metrolina Greenhouses, Inc. Profit Sharing Plan in NC (637 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (637 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palmer Truck Group 401(k) Plan assets move in 2024? ▼
Palmer Truck Group 401(k) Plan grew sharply - up 16.6% during 2024, from $34M to $40M. Reported net income was $6M.
How have Palmer Trucks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palmer Trucks, Inc.'s sponsor-wide assets grew 48.2%, from $27M to $40M.
Where does Palmer Truck Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Palmer Truck Group 401(k) Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Palmer Truck Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kordsa, Inc. 401(k) Profit Sharing Plan in TN ($40M, 372 participants).
Which 401(k) plans cover a similar participant headcount to Palmer Truck Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Metrolina Greenhouses, Inc. Profit Sharing Plan in NC (637 participants, $73M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351112033.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.