Plan Ledger DOL Form 5500 · updated monthly

Tri-Pac, Inc.401(k)

TRI-PAC, INC. 401(K) PLAN · SOUTH BEND, IN · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Tri-Pac, Inc. reported $7,599 in plan administrative expenses for 2024: 1.22% of average plan assets, above the peer median. Employer contributions averaged $809 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 4.24% to 1.22%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,508th of 1,562), and 13,391st of 13,661 in manufacturing. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 113 to 140 since 2022.

Plan summary
Net assets, end of year$700,269
Participants with balances157
Active participants140
Employer contributions$113,291
Employee contributions$151,074
Employer contribution per active participant$809
Average account balance$4,460
Benefits paid to participants$175,289
Plan history3
Yearassets · accounts · employer contribution
2024$700K · 157 accts · $113K emplr
2023$547K · 139 accts · $107K emplr
2022$362K · 125 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,599
Total administrative$7,599
The Tri-Pac, Inc. 401(k) match · 2024
Employer contribution per active participant$809
Median for plans this size$540
2024$809 per active participant
2023$802 per active participant
2022$731 per active participant

Tri-Pac, Inc.'s 2024 employer contribution ran above the $540 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 · 20241
AMERICAN NATIONAL INSURANCE COMPANY · Recordkeeping$7,599

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

Recordkeeper by year2
2024AMERICAN NATIONAL INSURANCE COMPANY
2023AMERICAN NATIONAL INSURANCE COMPANY

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

Administrative cost history3
2024$7,599 · 1.22%
2023$6,200 · 1.36%
2022$12,685 · 4.24%
Same employer
Similar plansManufacturing · Indiana
Mfp, LLC IN$724K · 0.46%
Gigantic Holding, LLC IN$701K · 1.06%
Patrick Aluminum, Inc. IN$665K · 1.25%
Farwall Tsg LLC IN$583K · 1.02%
In-Fab, Inc. IN$498K · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900443403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.