Plan Ledger DOL Form 5500 · updated monthly

Trioak Foods, LLC401(k)

TRIOAK FOODS, LLC RETIREMENT PLAN · OAKVILLE, IA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Trioak Foods, LLC reported $91,744 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $1,782 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 1 year on file its reported administrative ratio rose from 0.28% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 304th-largest of 878 plans among Iowa employers on file, and the 1,375th of 4,246 in wholesale trade. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,652,500
Participants with balances554
Active participants449
Employer contributions$799,913
Employee contributions$1,590,499
Employer contribution per active participant$1,782
Average account balance$53,524
Benefits paid to participants$3,187,911
Plan auditUnmodified (clean) audit opinion
AuditorMENKE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$20.3M · 536 accts · $663K emplr
2022$29.7M · 554 accts · $800K emplr
The Trioak Foods, LLC 401(k) match · 2022
Employer contribution per active participant$1,782
Median for plans this size$2,266
2023$1,556 per active participant
2022$1,782 per active participant

Trioak Foods, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$78,808 · 0.32%
2022$91,744 · 0.28%
Same employer
Similar plansWholesale Trade · Iowa
K.C. Nielsen LTD IA$34.0M · 0.32%
Cascade Lumber Company IA$33.7M · 0.35%
Eldon C. Stutsman, Inc. IA$31.7M · 0.37%
7G Distributing, LLC IA$30.5M · 0.46%
Excell Marketing, L.C. IA$29.6M · 0.03%
World Class Industries Inc. IA$28.8M · 0.33%
Rmh Systems, Inc. IA$26.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420848449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.