Plan Ledger DOL Form 5500 · updated monthly

Triangle Package Machinery Company401(k)

TRIANGLE PACKAGE MACHINERY COMPANY OFFICE 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Triangle Package Machinery Company reported $59,234 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,093 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 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,686th-largest of 3,702 plans among Illinois employers on file, and the 5,908th of 13,661 in manufacturing. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,151,357
Participants with balances117
Active participants93
Employer contributions$287,692
Employee contributions$999,505
Employer contribution per active participant$3,093
Average account balance$172,234
Benefits paid to participants$2,338,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 117 accts · $288K emplr
2023$19.2M · 118 accts · $291K emplr
2022$16.7M · 123 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,541
Investment management$38,693
Total administrative$59,234
The Triangle Package Machinery Company 401(k) match · 2024
Employer contribution per active participant$3,093
Median for plans this size$2,416
2024$3,093 per active participant
2023$3,097 per active participant
2022$3,144 per active participant

Triangle Package Machinery Company's 2024 employer contribution ran above 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 · 20242
CERITY PARTNERS · Investment advisory (plan)$38,692
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,541

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$59,234 · 0.30%
2023$48,306 · 0.27%
2022$55,207 · 0.29%
Same employer
Similar plansManufacturing · Illinois
Lmt Onsrud LP IL$20.4M · 0.43%
V & V Supremo Foods, Inc. IL$20.3M · 0.10%
Tersera Therapeutics LLC IL$20.2M · 0.09%
Specialty Promotions, Inc. IL$20.2M · 0.34%
Regis Technologies, Inc. IL$20.0M · 0.02%
Prince Industries LLC IL$19.8M · 0.33%
Seymour of Sycamore, Inc. IL$19.4M · 0.31%
Auto Meter Products, Inc. IL$19.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362053124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.