Plan Ledger DOL Form 5500 · updated monthly

Torgersons, LLC401(k)

TORGERSON'S LLC 401(K) PLAN · GREAT FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Torgersons, LLC reported $45,907 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,248 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 0.07% to 0.43%. 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 among the smaller plans on file in Montana (120th of 229), and 8,209th of 13,661 in manufacturing. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 275 to 323 since 2022.

Plan summary
Net assets, end of year$11,418,834
Participants with balances214
Active participants323
Employer contributions$403,206
Employee contributions$956,336
Employer contribution per active participant$1,248
Average account balance$53,359
Benefits paid to participants$1,308,464
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 214 accts · $403K emplr
2023$10.0M · 212 accts · $205K emplr
2022$8.0M · 217 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,101
Investment management$27,806
Total administrative$45,907
The Torgersons, LLC 401(k) match · 2024
Employer contribution per active participant$1,248
Median for plans this size$2,416
2024$1,248 per active participant
2023$730 per active participant
2022$541 per active participant

Torgersons, LLC'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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$18,379
EDWARD D. JONES & CO., L.P. · Investment advisory (plan)$25,489

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,907 · 0.43%
2023$7,037 · 0.08%
2022$5,740 · 0.07%
Similar plansManufacturing · Montana
American Chemet Corporation MT$25.9M · 0.29%
Pfl Tech, Inc MT$25.0M · 0.37%
Lumibird Photonics USA, Inc MT$16.2M · 0.19%
Montana Silversmiths, Inc. MT$13.2M · 0.23%
Sun Mountain Sports, Inc. MT$8.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810539079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.