Plan Ledger DOL Form 5500 · updated monthly

Traeger Pellet Grills, LLC401(k)

TRAEGER 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Traeger Pellet Grills, LLC reported $134,994 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,252 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 0.66% to 0.41%. 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 191st-largest of 848 plans among Utah employers on file, and the 3,878th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,179,816
Participants with balances541
Active participants529
Employer contributions$1,720,166
Employee contributions$3,640,481
Employer contribution per active participant$3,252
Average account balance$68,724
Benefits paid to participants$2,744,195
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 541 accts · $1.7M emplr
2023$29.4M · 526 accts · $1.6M emplr
2022$22.9M · 594 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,559
Investment management$78,435
Total administrative$134,994
The Traeger Pellet Grills, LLC 401(k) match · 2024
Employer contribution per active participant$3,252
Median for plans this size$2,416
2024$3,252 per active participant
2023$3,509 per active participant
2022$3,729 per active participant

Traeger Pellet Grills, LLC's 2024 employer contribution ran above the $2,416 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
CALIBER WEALTH MANAGEMENT LLC · Investment advisory (plan)$77,145
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$56,559
DIVERSIFY WEALTH MANAGEMENT LLC · Investment advisory (plan)$7,290

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$134,994 · 0.41%
2023$110,657 · 0.42%
2022$151,366 · 0.66%
Same employer
Similar plansManufacturing · Utah
US Magnesium LLC UT$39.9M · 0.22%
Pro-Mark LLC UT$39.5M · 0.21%
Packsize LLC UT$37.6M · 0.32%
Petersen, Inc. UT$37.4M · 0.51%
Inw Manufacturing, LLC UT$33.7M · 0.35%
Rhodes International, Inc. UT$33.1M · 0.28%
Clarus Corporation UT$28.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204005368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.