Plan Ledger DOL Form 5500 · updated monthly

Travelnet Solutions, LLC401(k)

TRAVELNET SOLUTIONS, LLC 401(K) PROFIT SHARING PLAN · COTTAGE GROVE, MN · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Travelnet Solutions, LLC reported $8,486 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $694 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Minnesota (1,667th of 1,918), and 1,978th of 2,199 in information & media. In 2024, employees put in $7.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,839,602
Participants with balances132
Active participants137
Employer contributions$95,052
Employee contributions$719,242
Employer contribution per active participant$694
Average account balance$29,088
Benefits paid to participants$695,894
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,850
Investment management$1
Total administrative$8,486
The Travelnet Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$694
Median for plans this size$1,313

Travelnet Solutions, LLC's 2024 employer contribution ran below the $1,313 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
TRADITION WEALTH MANAGEMENT · Investment advisory (participants)$186
TAX SHELTERED COMPENSATION · Other servicesindirect comp

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

Administrative cost history1
2024$8,486 · 0.24%
Same employer
Similar plansInformation & Media · Minnesota
Qumu Corporation MN$8.4M · 0.12%
U.S. Internet MN$8.3M · 0.05%
Dispatchit, Inc. MN$6.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900132087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.