Plan Ledger DOL Form 5500 · updated monthly

Tramec LLC401(k)

TRAMEC, LLC 401(K) PLAN · SHAWNEE, KS · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Tramec LLC reported $128,006 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,322 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 0.59% to 0.53%. 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 226th-largest of 828 plans among Kansas employers on file, and the 4,666th of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 470 to 784 since 2022.

Plan summary
Net assets, end of year$28,488,631
Participants with balances928
Active participants784
Employer contributions$1,036,093
Employee contributions$2,934,999
Employer contribution per active participant$1,322
Average account balance$30,699
Benefits paid to participants$3,773,426
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 928 accts · $1.0M emplr
2023$20.1M · 594 accts · $666K emplr
2022$15.9M · 569 accts · $691K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,824
Investment management$53,182
Total administrative$128,006
The Tramec LLC 401(k) match · 2024
Employer contribution per active participant$1,322
Median for plans this size$2,416
2024$1,322 per active participant
2023$1,454 per active participant
2022$1,471 per active participant

Tramec LLC's 2024 employer contribution ran below 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$74,824
TSG FINANCIAL · Investment management$53,182
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$128,006 · 0.53%
2023$100,908 · 0.56%
2022$95,361 · 0.59%
Same employer
Similar plansManufacturing · Kansas
Wk Holding Company, Inc KS$30.0M · 0.24%
Smith & Loveless, Inc. KS$30.0M · 0.31%
Futamura, USA Inc. KS$29.1M · 0.19%
Airxcel,Inc. KS$29.0M · 0.00%
Sor, Inc. KS$28.0M · 0.11%
Hme, Inc. KS$27.7M · 0.52%
Sharpline Converting, Inc. KS$27.2M · 0.49%
Pioneer Balloon Company KS$26.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262264914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.