Plan Ledger DOL Form 5500 · updated monthly

Trexin Consulting, LLC401(k)

TREXIN CONSULTING RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Trexin Consulting, LLC reported $38,718 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $7 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 1 year on file its reported administrative ratio rose from 0.60% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,551st of 1,918), and 9,571st of 11,654 in professional & technical services. In 2023, employees put in $1090.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,554,516
Participants with balances96
Active participants70
Employer contributions$485
Employee contributions$528,757
Employer contribution per active participant$7
Average account balance$57,860
Benefits paid to participants$961,612
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$5.6M · 96 accts · $485 emplr
2022$5.1M · 127 accts · $217K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$875
Investment management$37,843
Total administrative$38,718
The Trexin Consulting, LLC 401(k) match · 2023
Employer contribution per active participant$7
Median for plans this size$1,308
2023$7 per active participant
2022$2,191 per active participant

Trexin Consulting, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,859

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

Administrative cost history2
2023$38,718 · 0.72%
2022$34,019 · 0.60%
Similar plansProfessional & Technical Services · Minnesota
Fb Solutions Group, LLC MN$5.8M · 0.72%
Quality Resource Group MN$5.6M · 0.90%
Ambient Consulting, LLC MN$5.6M · 0.34%
Fls Connect, LLC MN$5.2M · 0.62%
Drip Global, Inc. MN$5.0M · 0.38%
Growthzone LLC MN$5.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203850343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.