Plan Ledger DOL Form 5500 · updated monthly

Tribus Aerospace Corp.401(k)

TRIBUS RETIREMENT PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Tribus Aerospace Corp. reported $72,925 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,592 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 0.46%. 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 1,160th-largest of 2,619 plans among Michigan employers on file, and the 6,598th of 13,661 in manufacturing. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,888,442
Participants with balances344
Active participants248
Employer contributions$394,714
Employee contributions$1,225,557
Employer contribution per active participant$1,592
Average account balance$49,094
Benefits paid to participants$1,227,149
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 344 accts · $395K emplr
2023$14.6M · 341 accts · $391K emplr
2022$13.2M · 337 accts · $349K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,410
Investment management$31,515
Total administrative$72,925
The Tribus Aerospace Corp. 401(k) match · 2024
Employer contribution per active participant$1,592
Median for plans this size$2,416
2024$1,592 per active participant
2023$1,540 per active participant
2022$1,334 per active participant

Tribus Aerospace Corp.'s 2024 employer contribution ran below 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
ADP, INC. · Loan processing · Recordkeeping$41,410
FAIRCOURT PARTNERS, LLC · Recordkeeping · Trustee$31,515

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, FAIRCOURT PARTNERS, LLC
2023ADP, FAIRCOURT PARTNERS, LLC

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

Administrative cost history3
2024$72,925 · 0.46%
2023$67,240 · 0.48%
2022$67,550 · 0.45%
Same employer
Similar plansManufacturing · Michigan
Mapal Inc. MI$17.0M · 0.25%
Sumida America Inc. MI$16.8M · 0.65%
Rjg Technologies, Inc. MI$16.8M · 0.35%
Moeller Mfg. Company LLC MI$16.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821717546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.