Plan Ledger DOL Form 5500 · updated monthly

Tri Tool Inc.401(k)

TRI TOOL INC. 401(K) PLAN · RANCHO CORDOVA, CA · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Tri Tool Inc. reported $11,100 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,256 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 0.07% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,485th-largest of 9,483 plans among California employers on file, and 7,272nd of 13,661 in manufacturing. In 2022, employees put in $5.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,364,236
Participants with balances202
Active participants139
Employer contributions$174,551
Employee contributions$920,377
Employer contribution per active participant$1,256
Average account balance$71,110
Benefits paid to participants$2,986,055
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 143 accts · $160K emplr
2023$13.5M · 155 accts · $160K emplr
2022$14.4M · 202 accts · $175K emplr
Administrative expenses, itemized · 2022
Investment management$4,948
Total administrative$11,100
The Tri Tool Inc. 401(k) match · 2022
Employer contribution per active participant$1,256
Median for plans this size$2,266
2024$1,567 per active participant
2023$1,400 per active participant
2022$1,256 per active participant

Tri Tool Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$39,034 · 0.29%
2023$23,211 · 0.17%
2022$11,100 · 0.07%
Same employer
Similar plansManufacturing · California
Hirel Connectors, Inc. CA$14.5M · 0.60%
La Terra Fina USA, LLC CA$14.5M · 0.39%
Alatus Aerosystems CA$14.4M · 0.36%
Maxeon Americas, Inc. CA$14.3M · 0.04%
Cb Nichols Egg Ranch CA$14.3M · 0.54%
Neurelis, Inc. CA$14.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880277328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.