Plan Ledger DOL Form 5500 · updated monthly

Titan Machinery, Inc.401(k)

TITAN MACHINERY INC. 401(K) PROFIT SHARING PLAN · WEST FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Titan Machinery, Inc. reported $225,303 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,839 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 rose from 0.06% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 17th-largest of 279 plans among North Dakota employers on file, and the 186th of 5,215 in retail trade. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 1,800 to 2,458 since 2022.

Plan summary
Net assets, end of year$248,903,436
Participants with balances3,071
Active participants2,458
Employer contributions$6,977,149
Employee contributions$17,144,471
Employer contribution per active participant$2,839
Average account balance$81,050
Benefits paid to participants$20,863,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$248.9M · 3,071 accts · $7.0M emplr
2023$214.2M · 2,756 accts · $5.5M emplr
2022$158.0M · 2,382 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,896
Investment management$80,407
Total administrative$225,303
The Titan Machinery, Inc. 401(k) match · 2024
Employer contribution per active participant$2,839
Median for plans this size$3,635
2024$2,839 per active participant
2023$2,740 per active participant
2022$2,677 per active participant

Titan Machinery, Inc.'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 · 20242
SAGEVIEW ADVISORY GROUP, LLC · Investment management$80,407

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

Administrative cost history3
2024$225,303 · 0.10%
2023$59,343 · 0.03%
2022$96,627 · 0.06%
Same employer
Similar plansRetail Trade · North Dakota
Scheels All Sports, Inc. ND$963.0M · 0.00%
Ferrell Companies,Inc MO$251.8M · 0.18%
Designer Brands Inc. OH$241.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450357838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.