Plan Ledger DOL Form 5500 · updated monthly

Triangle Warehouse, Inc.401(k)

TRIANGLE WAREHOUSE, INC. 401(K) SAVINGS & RETIREMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Triangle Warehouse, Inc. reported $4,180 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $591 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 0.04% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Minnesota (1,460th of 1,918), and 1,409th of 2,677 in transportation & warehousing. In 2024, employees put in $4.79 for every $1.00 the employer contributed; active participation has shrunk from 261 to 214 since 2022.

Plan summary
Net assets, end of year$6,915,822
Participants with balances156
Active participants214
Employer contributions$126,551
Employee contributions$606,522
Employer contribution per active participant$591
Average account balance$44,332
Benefits paid to participants$473,591
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & CO. LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 156 accts · $127K emplr
2023$5.8M · 148 accts · $118K emplr
2022$4.6M · 143 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,180
Total administrative$4,180
The Triangle Warehouse, Inc. 401(k) match · 2024
Employer contribution per active participant$591
Median for plans this size$1,313
2024$591 per active participant
2023$525 per active participant
2022$351 per active participant

Triangle Warehouse, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$4,180
ADP BROKER-DEALER · Other servicesindirect comp
LPL FINANCIAL · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,180 · 0.07%
2023$3,190 · 0.06%
2022$1,620 · 0.04%
Similar plansTransportation & Warehousing · Minnesota
Taylor Truck Line Inc. MN$8.7M · 0.12%
Long Haul Trucking, Inc. MN$8.1M · 0.29%
Transport Designs, Inc. MN$7.7M · 0.59%
California Overland, LTD. MN$6.2M · 0.82%
Lefebvre Companies, Inc. MN$6.2M · 0.62%
Total Logistics, Inc. MN$5.8M · 4.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411913657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.