Plan Ledger DOL Form 5500 · updated monthly

Trim-Lok, Inc.Profit-sharing plan

TRIM-LOK, INC. 401(K) RETIREMENT PLAN · BUENA PARK, CA · plan year 2023

Employer contribution per participant · 2023
$1,470

Trim-Lok, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $13,474,901 across 154 participant accounts, with employer contributions averaging $1,470 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,670th-largest of 9,483 plans among California employers on file, and 7,562nd of 13,661 in manufacturing. In 2023, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,474,901
Participants with balances154
Active participants256
Employer contributions$376,428
Employee contributions$631,369
Employer contribution per active participant$1,470
Average account balance$87,499
Benefits paid to participants$484,726
Plan auditUnmodified (clean) audit opinion
AuditorJOHN RYCHEL, CPA
Plan history2
Yearassets · accounts · employer contribution
2023$13.5M · 154 accts · $376K emplr
2022$10.7M · 144 accts · $335K emplr
Employer contributions to the Trim-Lok, Inc. plan · 2023
Employer contribution per active participant$1,470
Median for plans this size$2,440
2023$1,470 per active participant
2022$1,471 per active participant

Trim-Lok, Inc.'s 2023 employer contribution ran below the $2,440 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.

Service providers · 20231
CAPITAL GROUP RETIREMENT PLAN SERVI$262

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

Administrative cost history2
2023Not separately reported
2022Not separately reported
Same employer
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Snak-King LLC CA$13.6M · 0.52%
Tonal Systems, Inc. CA$13.6M · 0.42%
Perfect 85 Degrees C, Inc. CA$13.5M · 0.58%
Hasa, Inc. CA$13.4M · 0.43%
Caco Pacific Corporation CA$13.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952748901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.