Plan Ledger DOL Form 5500 · updated monthly

Trammo, Inc401(k)

TRAMMO, INC. PROFIT-SHARING/401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Trammo, Inc reported $4,520 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,042 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 0.013% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,250th-largest of 5,648 plans among New York employers on file, and the 711th of 4,246 in wholesale trade. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,079,698
Participants with balances110
Active participants71
Employer contributions$500,000
Employee contributions$1,097,065
Employer contribution per active participant$7,042
Average account balance$518,906
Benefits paid to participants$3,437,997
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$57.1M · 110 accts · $500K emplr
2023$53.1M · 122 accts · $505K emplr
2022$44.2M · 132 accts · $503K emplr
Administrative expenses, itemized · 2024
Investment management$4,520
Total administrative$4,520
The Trammo, Inc 401(k) match · 2024
Employer contribution per active participant$7,042
Median for plans this size$3,635
2024$7,042 per active participant
2023$6,827 per active participant
2022$7,397 per active participant

Trammo, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$4,520 · 0.01%
2023$5,906 · 0.01%
2022$5,760 · 0.01%
Same employer
Similar plansWholesale Trade · New York
Transcat, Inc. NY$60.5M · 0.02%
Shake-N-Go Fashion, Inc. NY$59.9M · 0.22%
Gbg USA Inc. NY$59.7M · 0.41%
McGard LLC NY$58.9M · 0.08%
Kiss Nail Products, Inc. NY$56.7M · 0.40%
Sid Harvey Industries, Inc. NY$49.0M · 0.02%
Empire Merchants North, LLC NY$48.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132679131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.