Plan Ledger DOL Form 5500 · updated monthly

Triad National Security, LLC401(k)

TRIAD 401(K) RETIREMENT PLAN · LOS ALAMOS, NM · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Triad National Security, LLC reported $752,372 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $11,553 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 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2nd-largest of 290 plans among New Mexico employers on file, and the 63rd of 11,654 in professional & technical services. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has grown from 10,005 to 12,888 since 2022.

Plan summary
Net assets, end of year$2,492,057,254
Participants with balances16,009
Active participants12,888
Employer contributions$148,897,085
Employee contributions$153,896,258
Employer contribution per active participant$11,553
Average account balance$155,666
Benefits paid to participants$136,248,285
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 16,009 accts · $148.9M emplr
2023$2.0B · 14,891 accts · $129.5M emplr
2022$1.5B · 13,014 accts · $98.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$627,292
Investment management$104,236
Audit (IQPA)$33,000
Trustee / custodial$148,860
Total administrative$752,372
The Triad National Security, LLC 401(k) match · 2024
Employer contribution per active participant$11,553
Median for plans this size$5,259
2024$11,553 per active participant
2023$11,026 per active participant
2022$9,890 per active participant

Triad National Security, LLC's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. 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 · 20246
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$563,502
BNY MELLON ASSET SERVICING · Trustee · Trustee (directed)$148,860
MERCER · Consulting · Investment advisory (plan)$104,236
USI INSURANCE SERVICES LLC · Other services$64,134
MOSS ADAMS LLP · Accounting / audit$33,000
ALSTON & BIRD · Legal$32,933

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$752,372 · 0.03%
2023$771,673 · 0.04%
2022$678,942 · 0.04%
All plans at this employer2
TRIAD 401(K) RETIREMENT PLAN401(k)
TRIAD 401K SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · New Mexico
Peraton Corp. VA$2.5B · 0.06%
Capgemini America Inc OH$2.5B · 0.01%
Amentum Services, Inc. VA$2.5B · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823291283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.