Plan Ledger DOL Form 5500 · updated monthly

Trax International Corporation401(k)

TRAX INTERNATIONAL CORPORATION SAVINGS AND RETIREMENT PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Trax International Corporation reported $156,928 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,168 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 0.20% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 30th-largest of 437 plans among Nevada employers on file, and the 1,345th of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 1,178 to 1,367 since 2022.

Plan summary
Net assets, end of year$113,108,259
Participants with balances1,839
Active participants1,367
Employer contributions$2,963,002
Employee contributions$5,686,686
Employer contribution per active participant$2,168
Average account balance$61,505
Benefits paid to participants$14,259,451
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$113.1M · 1,839 accts · $3.0M emplr
2023$104.8M · 1,659 accts · $2.6M emplr
2022$109.6M · 1,851 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,973
Investment management$54,955
Total administrative$156,928
The Trax International Corporation 401(k) match · 2024
Employer contribution per active participant$2,168
Median for plans this size$3,635
2024$2,168 per active participant
2023$2,282 per active participant
2022$2,601 per active participant

Trax International Corporation's 2024 employer contribution ran below the $3,635 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$54,955

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$156,928 · 0.14%
2023$187,793 · 0.18%
2022$248,777 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Nevada
Advanstaff, Inc. NV$126.9M · 0.82%
Rimini Street, Inc. NV$93.2M · 0.16%
McDonald Carano LLP NV$65.3M · 0.08%
Arcata Associates, Inc. NV$63.0M · 0.14%
R & R Partners, Inc. NV$46.5M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850277228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.