Cit Trucks, Llc 401(k) Plan: Login, Facts & Contact Information

Cit Trucks, Llc 401(k) Plan Facts

Plan name
CIT TRUCKS RETIREMENT READINESS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CIT TRUCKS, LLC
Participants
1,110 (893 active employees)
Former employees with a balance
136
Plan assets
$56,528,265 at Dec 31, 2024
Average account balance
$61,046 across 926 accounts
Employer contributions
$2,219,558 in plan year 2024 (35% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1983
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.35 million went into the plan in contributions, $2.22 million of it from the employer (35%).
  • $3.13 million was paid out to participants.
  • Investment and other income added $6.65 million.
  • Administrative expenses were $142,774, about $154 per account.

How the Cit Trucks, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019619$34.7 million$1.16 million$1.65 million
2020702$38.2 million$1.08 million$6.07 million
2021802$44.4 million$1.15 million$3.02 million
2022821$38.4 million$1.38 million$3.33 million
2023943$46.8 million$2.15 million$4.77 million
20241,110$56.5 million$2.22 million$3.13 million

Cit Trucks, Llc 401(k) Contact Information

Phone
309-445-8100
Mailing address
305 W. NORTHTOWN ROAD SUITE A, NORMAL IL 617611060
Plan sponsor
CIT TRUCKS, LLC
Employer identification number (EIN)
81-0977172
Plan number
001

Questions about the Cit Trucks, Llc 401(k)

Does Cit Trucks, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.22 million, 35% of all contributions.

Does the Cit Trucks, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cit Trucks, Llc 401(k) plan?

1,110 participants at the start of plan year 2024, 893 of them active employees, and 136 former employees who still had money in the plan.

What is the average 401(k) balance at Cit Trucks, Llc?

About $61,046 per account: $56.5 million in plan assets across 926 accounts with a balance at the end of plan year 2024.

Who manages the Cit Trucks, Llc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cit Trucks, Llc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 20205 US HIGHWAY 27 NORTH P.O. BOX 1111, LAKE WALES, FL, 33859
Headquarter: 5168 BLAZER PKWY, DUBLIN, OH, 43017
Headquarter: 1 BECTON DRIVE, FRANKLIN LAKES, NJ, 074171815
Headquarter: 55 WATER STREET, NEW YORK, NY, 10041
Headquarter: 731 LEXINGTON AVE, NEW YORK, NY, 10022