Plan Ledger DOL Form 5500 · updated monthly

Titan Trailer Manufacturing, Inc.401(k)

TITAN EMPLOYEE 401(K) PLAN · WATERVILLE, KS · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Titan Trailer Manufacturing, Inc. reported $23,348 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,055 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 0.23% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 411th-largest of 828 plans among Kansas employers on file, and 7,571st of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 408 to 195 since 2022.

Plan summary
Net assets, end of year$13,446,719
Participants with balances231
Active participants195
Employer contributions$205,730
Employee contributions$516,327
Employer contribution per active participant$1,055
Average account balance$58,211
Benefits paid to participants$1,449,558
Plan auditUnmodified (clean) audit opinion
AuditorVARNEY & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 231 accts · $206K emplr
2023$12.6M · 293 accts · $221K emplr
2022$10.9M · 269 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,348
Total administrative$23,348
The Titan Trailer Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,055
Median for plans this size$2,416
2024$1,055 per active participant
2023$739 per active participant
2022$519 per active participant

Titan Trailer Manufacturing, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$23,348

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$23,348 · 0.18%
2023$20,055 · 0.17%
2022$27,341 · 0.23%
Similar plansManufacturing · Kansas
D-J Engineering, Inc. KS$14.4M · 0.28%
Universal Engraving, Inc. KS$14.4M · 0.36%
Hm Dunn Aerosystems, Inc KS$13.7M · 0.44%
Kalmar Solutions, LLC KS$13.4M · 0.34%
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cereal Ingredients Inc KS$13.2M · 0.14%
Cross Manufacturing, Inc. KS$12.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481116910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.