Plan Ledger DOL Form 5500 · updated monthly

Trio Electric, LTD.401(k)

ASSOCIATIONS OF TEXAS MEP · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Trio Electric, LTD. reported $45,335 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $208 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 1.23% to 0.92%. 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 Texas (4,004th of 5,688), and 3,950th of 5,337 in construction. In 2024, employees put in $12.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,176,132
Participants with balances493
Active participants190
Employer contributions$39,510
Employee contributions$479,821
Employer contribution per active participant$208
Average account balance$10,499
Benefits paid to participants$601,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 493 accts · $40K emplr
2023$4.7M · 478 accts · $35K emplr
2022$3.8M · 385 accts · $27K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,835
Audit (IQPA)$6,500
Total administrative$45,335
The Trio Electric, LTD. 401(k) match · 2024
Employer contribution per active participant$208
Median for plans this size$1,313
2024$208 per active participant
2023$172 per active participant
2022$131 per active participant

Trio Electric, LTD.'s 2024 employer contribution ran below the $1,313 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$21,802
3(16) FIDUCIARY SERVICES CORP · Recordkeeping · Loan processing$17,032
TEMPLETON & COMPANY LLP · Accounting / audit$6,500

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

Recordkeeper by year2
20243(16) FIDUCIARY SERVICES CORP, Transamerica
20233(16) FIDUCIARY SERVICES CORP, Transamerica

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Administrative cost history3
2024$45,335 · 0.92%
2023$29,715 · 0.70%
2022$51,881 · 1.23%
Same employer
Similar plansConstruction · Texas
Rago, LTD. TX$5.3M · 0.75%
Windsor America LLC TX$5.3M · 0.27%
Envirocon Systems, Inc. TX$5.2M · 0.07%
L. H. Lacy Company, LTD. TX$5.1M · 0.54%
Rawson Saunders School TX$5.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421585496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.