Plan Ledger DOL Form 5500 · updated monthly

Tri-Star Imports, Inc.401(k)

TRI-STAR IMPORTS 401(K) PLAN · ST. LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Tri-Star Imports, Inc. reported $62,485 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,542 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 0.75% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Missouri (924th of 1,393), and 2,958th of 5,215 in retail trade. In 2023, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,392,305
Participants with balances151
Active participants138
Employer contributions$212,816
Employee contributions$501,943
Employer contribution per active participant$1,542
Average account balance$55,578
Benefits paid to participants$355,124
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 203 accts · $270K emplr
2023$8.4M · 151 accts · $213K emplr
2022$7.3M · 183 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,485
Total administrative$62,485
The Tri-Star Imports, Inc. 401(k) match · 2023
Employer contribution per active participant$1,542
Median for plans this size$1,308
2024$1,355 per active participant
2023$1,542 per active participant
2022$1,417 per active participant

Tri-Star Imports, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
LINCOLN NATIONAL CORPORATION · Contract administrator$53,835
LBMC, PC · Insurance services$24,285
ERISA SPECIALIST · Pension consulting · Participant communication$12,068
401K SAFE 3(16), LLC · Named fiduciary$9,978

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$83,273 · 1.00%
2023$62,485 · 0.80%
2022$58,042 · 0.75%
Same employer
Similar plansRetail Trade · Missouri
Sapaugh Motors, Inc. MO$8.4M · 0.67%
Wm. a. Straub, Inc. MO$8.2M · 0.71%
Scrubs & Beyond LLC MO$8.0M · 0.21%
Midwest Petroleum Company MO$6.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431715337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.