Plan Ledger DOL Form 5500 · updated monthly

Trinet HR III, Inc.401(k)

TRINET 401K PLAN · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Trinet HR III, Inc. reported $12,686,526 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,842 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 fell from 0.24% to 0.16%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 6th-largest of 3,644 plans among Florida employers on file, and the 17th of 11,654 in professional & technical services. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 150,112 to 209,337 since 2022.

Plan summary
Net assets, end of year$8,710,441,603
Participants with balances20,530
Active participants209,337
Employer contributions$385,511,552
Employee contributions$1,167,772,408
Employer contribution per active participant$1,842
Average account balance$424,279
Benefits paid to participants$991,487,010
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7B · 20,530 accts · $385.5M emplr
2023$7.0B · 143,947 accts · $365.6M emplr
2022$5.2B · 129,341 accts · $357.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,686,526
Total administrative$12,686,526
The Trinet HR III, Inc. 401(k) match · 2024
Employer contribution per active participant$1,842
Median for plans this size$5,259
2024$1,842 per active participant
2023$1,734 per active participant
2022$2,382 per active participant

Trinet HR III, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$3,088,475
FIDUCIENT ADVISORS · Investment advisory (plan)$59,538
CBIZ CPAS P.C. · Accounting / audit$36,500
MC DERMONT WILL AND EMERY LLP$18,113

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$12,686,526 · 0.16%
2023$10,310,715 · 0.17%
2022$13,520,739 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Florida
PwC US Group LLP FL$13.2B · 0.01%
Trinet HR IV, LLC FL$3.0B · 0.08%
Holland & Knight LLP FL$2.0B · 0.04%
Ukg Inc. FL$2.0B · 0.06%
Greenberg Traurig, PA FL$1.6B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481304650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.