Plan Ledger DOL Form 5500 · updated monthly

Tri-Starr Management Services, Inc401(k)

LEGACY 401(K) PLAN · FRANKLIN, IN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Tri-Starr Management Services, Inc reported $195,815 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,919 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 348th-largest of 1,562 plans among Indiana employers on file, and the 380th of 2,534 in administrative & support services. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 1,407 to 1,098 since 2022.

Plan summary
Net assets, end of year$38,560,174
Participants with balances1,382
Active participants1,098
Employer contributions$2,107,113
Employee contributions$3,344,557
Employer contribution per active participant$1,919
Average account balance$27,902
Benefits paid to participants$10,085,344
Plan auditUnmodified (clean) audit opinion
AuditorENNIS, PELLUM & ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 1,382 accts · $2.1M emplr
2023$38.1M · 1,599 accts · $2.2M emplr
2022$32.1M · 2,663 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,722
Investment management$53,093
Total administrative$195,815
The Tri-Starr Management Services, Inc 401(k) match · 2024
Employer contribution per active participant$1,919
Median for plans this size$2,416
2024$1,919 per active participant
2023$1,858 per active participant
2022$1,645 per active participant

Tri-Starr Management Services, Inc'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$142,722
CLOSED DLR-SAGEPOINT FINANCIAL INC · Investment advisory (plan)$33,281
OSAIC WEALTH INC · Investment advisory (plan)$11,515
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,298

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$195,815 · 0.51%
2023$187,453 · 0.53%
2022$182,821 · 0.52%
Same employer
Similar plansAdministrative & Support Services · Indiana
Arcwood Environmental, LLC IN$222.9M · 0.06%
Tilson HR, Inc. IN$52.9M · 0.64%
Fullstack, Inc. IN$27.6M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742616688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.