Plan Ledger DOL Form 5500 · updated monthly

Trendyminds, LLC401(k)

TRENDYMINDS, LLC RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Trendyminds, LLC reported $49,857 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,262 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 professional & technical services employers. By assets it is among the smaller plans on file in Indiana (1,048th of 1,562), and 9,038th of 11,654 in professional & technical services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,013,544
Participants with balances154
Active participants154
Employer contributions$502,327
Employee contributions$877,780
Employer contribution per active participant$3,262
Average account balance$45,542
Benefits paid to participants$403,923
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,301
Investment management$36,556
Total administrative$49,857
The Trendyminds, LLC 401(k) match · 2024
Employer contribution per active participant$3,262
Median for plans this size$1,313

Trendyminds, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
MORGAN STANLEY SMITH BARNEY HOLDING · Investment advisory (plan)$36,556
VESTWELL · Contract administrator · Investment advisory (plan)$13,301

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$49,857 · 0.84%
Similar plansProfessional & Technical Services · Indiana
Polaris Laboratories, LLC IN$8.2M · 0.79%
Novamatiq Inc IN$6.7M · 0.01%
Joink, LLC IN$6.5M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352140531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.