Plan Ledger DOL Form 5500 · updated monthly

Trinity Industries, Inc.401(k)

TRINITY INDUSTRIES, INC. 401(K) PLAN AS RESTATED EFFECTIVE AUGUST 1, 2020 · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Trinity Industries, Inc. reported $473,389 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,119 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 $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 242nd-largest of 5,688 plans among Texas employers on file, and the 698th of 13,661 in manufacturing. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 2,219 to 2,890 since 2022.

Plan summary
Net assets, end of year$385,457,967
Participants with balances4,167
Active participants2,890
Employer contributions$11,904,140
Employee contributions$18,960,612
Employer contribution per active participant$4,119
Average account balance$92,503
Benefits paid to participants$36,436,770
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$385.5M · 4,167 accts · $11.9M emplr
2023$325.9M · 3,835 accts · $10.1M emplr
2022$277.1M · 3,770 accts · $9.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,779
Investment management$247,610
Total administrative$473,389
The Trinity Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,119
Median for plans this size$4,294
2024$4,119 per active participant
2023$3,803 per active participant
2022$4,211 per active participant

Trinity Industries, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20249
VOYA INSTITUTIONAL PLAN SERVICES, L · Loan processing · Recordkeeping$257,398
MATRIX TRUST COMPANY · Recordkeeping$7,397
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$247,610
MARSH USA LLC · Insurance broker$139,757
CAPTRUST · Investment advisory (plan)$88,745
MCDERMOTT WILL & EMERY · Legal$78,569
WILLIS TOWERS WATSON US LLC · Actuarial$41,133
PRINCIPAL CUSTODY SOLUTIONS · Trustee$26,111
HUSELTON, MORGAN AND MAULTSBY · Consulting$5,500

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

Recordkeeper by year2
2024MATRIX TRUST COMPANY, Voya
2023MATRIX TRUST COMPANY, Voya

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

Administrative cost history3
2024$473,389 · 0.13%
2023$406,206 · 0.13%
2022$408,812 · 0.12%
Same employer
Similar plansManufacturing · Texas
Omnicell, Inc. TX$420.5M · 0.08%
Sasol USA Corporation TX$417.7M · 0.10%
Nch Corporation TX$395.5M · 0.07%
Cirrus Logic, Inc. TX$373.4M · 0.01%
Cabinetworks Group, Inc. TX$367.6M · 0.22%
Maverick Tube Corporation TX$366.1M · 0.35%
Kraton Corporation TX$362.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750225040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.