Plan Ledger DOL Form 5500 · updated monthly

Trapac, LLC401(k)

TRAPAC 401(K) & RETIREMENT PLAN · WILMINGTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Trapac, LLC reported $22,927 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,170 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 3 years on file its reported administrative ratio has held roughly steady near 0.039%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,530th-largest of 9,483 plans among California employers on file, and the 343rd of 2,677 in transportation & warehousing. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$59,929,118
Participants with balances267
Active participants204
Employer contributions$2,890,737
Employee contributions$2,421,337
Employer contribution per active participant$14,170
Average account balance$224,454
Benefits paid to participants$11,678,852
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.9M · 267 accts · $2.9M emplr
2023$58.6M · 273 accts · $3.0M emplr
2022$48.5M · 271 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,927
Total administrative$22,927
The Trapac, LLC 401(k) match · 2024
Employer contribution per active participant$14,170
Median for plans this size$3,635
2024$14,170 per active participant
2023$14,886 per active participant
2022$12,150 per active participant

Trapac, LLC'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.

Service providers · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$22,939

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$22,927 · 0.04%
2023$23,968 · 0.04%
2022$22,307 · 0.04%
Same employer
Similar plansTransportation & Warehousing · California
Eva Airways Corp. CA$67.5M · 0.03%
Mainfreight USA Partnership CA$65.4M · 0.35%
Sankyo Holdings, Inc. CA$61.5M · 0.13%
Korean Air Lines Co., LTD CA$61.3M · 0.21%
Vieco USA, Inc. CA$47.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330119198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.