Plan Ledger DOL Form 5500 · updated monthly

Triangle Services, Inc401(k)

TRIANGLE SERVICES, INC. 401(K) PROFIT SHARING PLAN · VALLEY STREAM, NY · plan year 2023

Reported admin expense ratio · 2023
0.96%

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

Triangle Services, Inc reported $56,824 in plan administrative expenses for 2023: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1 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 1 year on file its reported administrative ratio rose from 0.90% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,269th of 5,648), and 1,327th of 2,534 in administrative & support services. In 2023, employees put in $961.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,082,338
Participants with balances95
Active participants493
Employer contributions$422
Employee contributions$405,950
Employer contribution per active participant$1
Average account balance$64,025
Benefits paid to participants$953,590
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.1M · 95 accts · $422 emplr
2022$5.7M · 124 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,657
Investment management$30,167
Total administrative$56,824
The Triangle Services, Inc 401(k) match · 2023
Employer contribution per active participant$1
Median for plans this size$1,308

Triangle Services, Inc's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$26,657
BRINKER CAPITAL, INC. · Investment advisory (plan)$30,167

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$56,824 · 0.96%
2022$57,264 · 0.90%
Similar plansAdministrative & Support Services · New York
Forster & Garbus LLP NY$6.3M · 0.20%
Nomad Nurses, Inc. NY$6.3M · 1.86%
Sword Health, Inc. NY$5.8M · 0.74%
Consilium Company, LLC NY$5.7M · 0.07%
Li-Cycle Inc NY$5.5M · 0.65%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113241365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.