Plan Ledger DOL Form 5500 · updated monthly

Trinity Business Group, LLC401(k)

TRINITY BUSINESS GROUP, LLC 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Trinity Business Group, LLC reported $2,157 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $730 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 0.12% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (770th of 884), and 4,900th of 5,337 in construction. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 97 to 86 since 2022.

Plan summary
Net assets, end of year$1,765,260
Participants with balances144
Active participants86
Employer contributions$62,745
Employee contributions$159,171
Employer contribution per active participant$730
Average account balance$12,259
Benefits paid to participants$141,438
Plan auditUnmodified (clean) audit opinion
AuditorKELLY PARTNERS ATTEST SERVICES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 144 accts · $63K emplr
2023$1.5M · 119 accts · $65K emplr
2022$1.4M · 155 accts · $70K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,157
Total administrative$2,157
The Trinity Business Group, LLC 401(k) match · 2024
Employer contribution per active participant$730
Median for plans this size$1,313
2024$730 per active participant
2023$667 per active participant
2022$721 per active participant

Trinity Business Group, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
NATIONWIDE · Recordkeeping · Loan processing$1,398
THE HASLAUER GROUP, INC. · Recordkeeping · Loan processing$500
PPA/TPA · Insurance broker · Insurance services$434

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

Recordkeeper by year2
2024Nationwide, THE HASLAUER GROUP, INC.
2023Nationwide, THE HASLAUER GROUP, INC.

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Administrative cost history3
2024$2,157 · 0.13%
2023$7,055 · 0.49%
2022$1,559 · 0.12%
Same employer
Similar plansConstruction · Louisiana
The Cajun Company, Inc LA$2.5M · 0.88%
Creel Brothers, Inc. LA$1.7M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274373635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.