Plan Ledger DOL Form 5500 · updated monthly

Transtar Industries, LLC401(k)

THE TRANSTAR EMPLOYEES RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Transtar Industries, LLC reported $90,582 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,484 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 0.03% to 0.11%. 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 423rd-largest of 3,295 plans among Ohio employers on file, and the 491st of 4,246 in wholesale trade. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,910,034
Participants with balances775
Active participants902
Employer contributions$1,338,379
Employee contributions$3,787,450
Employer contribution per active participant$1,484
Average account balance$110,852
Benefits paid to participants$16,468,610
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$85.9M · 775 accts · $1.3M emplr
2023$80.7M · 848 accts · $1.2M emplr
2022$76.2M · 801 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,732
Audit (IQPA)$50,850
Total administrative$90,582
The Transtar Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,484
Median for plans this size$3,635
2024$1,484 per active participant
2023$1,226 per active participant
2022$1,374 per active participant

Transtar Industries, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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.

Service providers · 20242
CIUNI & PANICHI INC. · Accounting / audit$50,850
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,732

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$90,582 · 0.11%
2023$47,110 · 0.06%
2022$26,503 · 0.03%
Same employer
Similar plansWholesale Trade · Ohio
Clarke Power Services, Inc. OH$94.6M · 0.24%
Brothers Trading Co., Inc. OH$94.1M · 0.05%
Meridian Bioscience, Inc. OH$90.5M · 0.19%
The Habegger Corporation OH$81.5M · 0.21%
Imcd Holdings U.S., Inc. OH$79.5M · 0.19%
Gunton Corporation OH$71.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341160632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.