Plan Ledger DOL Form 5500 · updated monthly

Tramontina USA, Inc.401(k)

TRAMONTINA USA, INC. RETIREMENT SAVINGS PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Tramontina USA, Inc. reported $55,403 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,969 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 0.35% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,517th-largest of 5,688 plans among Texas employers on file, and 2,436th of 4,246 in wholesale trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 272 to 220 since 2022.

Plan summary
Net assets, end of year$14,244,581
Participants with balances239
Active participants220
Employer contributions$653,175
Employee contributions$1,032,296
Employer contribution per active participant$2,969
Average account balance$59,601
Benefits paid to participants$2,009,617
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH&BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 239 accts · $653K emplr
2023$13.1M · 217 accts · $627K emplr
2022$11.8M · 232 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,113
Total administrative$55,403
The Tramontina USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,969
Median for plans this size$2,416
2024$2,969 per active participant
2023$2,891 per active participant
2022$2,198 per active participant

Tramontina USA, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,113
MERRILL LYNCH · Investment advisory (plan)$24,290

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$55,403 · 0.41%
2023$63,748 · 0.51%
2022$47,350 · 0.35%
Same employer
Similar plansWholesale Trade · Texas
FISHER59, LLC TX$14.8M · 0.32%
Allredi, LLC TX$14.5M · 0.32%
All-Pro Fasteners, Inc. TX$14.4M · 0.15%
Shoplc Global, Inc. TX$14.3M · 0.29%
Reece Supply Company, Inc. TX$13.8M · 0.57%
Refinery Specialties Inc. TX$13.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760193074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.