Plan Ledger DOL Form 5500 · updated monthly

Titan America LLC401(k)

TITAN AMERICA LLC 401(K) RETIREMENT SAVINGS PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Titan America LLC reported $277,953 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,483 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.

Across the 2 years on file its reported administrative ratio fell from 0.17% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 141st-largest of 2,266 plans among Virginia employers on file, and the 1,033rd of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 2,309 to 2,741 since 2022.

Plan summary
Net assets, end of year$236,273,182
Participants with balances3,054
Active participants2,741
Employer contributions$6,805,894
Employee contributions$18,338,877
Employer contribution per active participant$2,483
Average account balance$77,365
Benefits paid to participants$31,267,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$236.3M · 3,054 accts · $6.8M emplr
2023$215.8M · 2,926 accts · $5.7M emplr
2022$178.6M · 2,670 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,537
Audit (IQPA)$27,000
Total administrative$277,953
The Titan America LLC 401(k) match · 2024
Employer contribution per active participant$2,483
Median for plans this size$3,635
2024$2,483 per active participant
2023$2,220 per active participant
2022$2,227 per active participant

Titan America LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$187,537
AON · Consulting$57,657
BDO USA, PC · Accounting / audit$27,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$277,953 · 0.12%
2023$259,141 · 0.13%
2022$324,293 · 0.17%
Same employer
Similar plansManufacturing · Virginia
Carpenter Co. VA$348.4M · 0.05%
Alfa Laval Inc. VA$319.3M · 0.11%
Rolls-Royce Corporation VA$239.2M · 0.07%
R.A Jones & Co. VA$213.9M · 0.11%
Indivior Inc. VA$207.3M · 0.07%
Hamilton Beach Brands, Inc. VA$201.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980124782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.