Plan Ledger DOL Form 5500 · updated monthly

Terrytown Travel Center, Inc.401(k)

TERRYTOWN TRAVEL CENTER 401K PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
0.05%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Terrytown Travel Center, Inc. reported $2,276 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $451 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,068th of 2,619), and 3,918th of 5,215 in retail trade. In 2022, employees put in $5.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,459,927
Participants with balances86
Active participants175
Employer contributions$78,917
Employee contributions$401,532
Employer contribution per active participant$451
Average account balance$51,860
Benefits paid to participants$120,427
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS AND TROMP, PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,276
Total administrative$2,276
The Terrytown Travel Center, Inc. 401(k) match · 2022
Employer contribution per active participant$451
Median for plans this size$1,114

Terrytown Travel Center, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,276 · 0.05%
Same employer
Similar plansRetail Trade · Michigan
Schneider Tire Outlet MI$5.4M · 0.41%
Wolverine Truck Sales Inc MI$5.4M · 0.38%
Sellers Auto Group, Inc. MI$5.0M · 0.65%
Lakeside Surfaces, LLC MI$4.2M · 0.94%
Woodland Direct MI$4.2M · 0.46%
Williams Chevrolet, Inc. MI$4.1M · 0.74%
R L Morgan Company MI$3.7M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382093759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.