Plan Ledger DOL Form 5500 · updated monthly

Tri-Mack Plastics Mfg Corp401(k)

TRI-MACK PLASTICS MFG CORP 401(K) PLAN · BRISTOL, RI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Tri-Mack Plastics Mfg Corp reported $39,861 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,952 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 rose from 0.24% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (144th of 286), and 6,999th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 112 to 128 since 2022.

Plan summary
Net assets, end of year$15,342,312
Participants with balances134
Active participants128
Employer contributions$249,911
Employee contributions$589,211
Employer contribution per active participant$1,952
Average account balance$114,495
Benefits paid to participants$601,425
Plan auditDisclaimer of opinion
AuditorSANSIVERI, KIMBALL & CO., L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 134 accts · $250K emplr
2023$12.9M · 126 accts · $219K emplr
2022$10.6M · 117 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,423
Investment management$35,438
Total administrative$39,861
The Tri-Mack Plastics Mfg Corp 401(k) match · 2024
Employer contribution per active participant$1,952
Median for plans this size$2,416
2024$1,952 per active participant
2023$1,762 per active participant
2022$1,779 per active participant

Tri-Mack Plastics Mfg Corp's 2024 employer contribution ran below the $2,416 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
ASCENSUS LLC · Loan processing · Recordkeeping$4,423
UBS FINANCIAL SERVICES, INC · Investment advisory (plan)$35,438

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$39,861 · 0.28%
2023$28,877 · 0.25%
2022$28,173 · 0.24%
Same employer
Similar plansManufacturing · Rhode Island
Cooley, Incorporated RI$21.1M · 0.24%
Atrion, Inc. RI$16.0M · 0.43%
F.A.F., Incorporated RI$13.2M · 0.00%
Nelipak Corporation RI$12.4M · 0.24%
Nfa Corporation RI$11.4M · 0.02%
Hodges Badge Company, Inc. RI$11.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050355845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.