Plan Ledger DOL Form 5500 · updated monthly

Trafera, LLC401(k)

TRAFERA, LLC 401(K) PLAN · ST. PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Trafera, LLC reported $88,021 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,967 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 1 year on file its reported administrative ratio rose from 0.51% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,027th of 1,918), and the 1,790th of 5,215 in retail trade. In 2023, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,220,305
Participants with balances592
Active participants327
Employer contributions$970,350
Employee contributions$1,685,050
Employer contribution per active participant$2,967
Average account balance$27,399
Benefits paid to participants$969,065
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$16.2M · 592 accts · $970K emplr
2022$11.9M · 564 accts · $960K emplr
The Trafera, LLC 401(k) match · 2023
Employer contribution per active participant$2,967
Median for plans this size$2,440
2023$2,967 per active participant
2022$2,720 per active participant

Trafera, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$26,169
EMPOWER ADVISORY GROUP, LLC · Investment management$9,217

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

Administrative cost history2
2023$88,021 · 0.63%
2022$53,312 · 0.51%
Similar plansRetail Trade · Minnesota
Shaw/Stewart Lumber Company MN$17.3M · 0.06%
Evereve Incorporated MN$17.1M · 0.41%
Cornerstone Auto Group, LLC MN$16.5M · 0.45%
Simonson Properties Company MN$16.4M · 0.49%
Royal Tire, Inc. MN$16.1M · 0.01%
Devenish Nutrition MN$15.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843460434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.