Plan Ledger DOL Form 5500 · updated monthly

Trion Solutions, Inc.401(k)

TRION SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Trion Solutions, Inc. reported $279,183 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $478 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 1.62% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 279th-largest of 2,619 plans among Michigan employers on file, and the 189th of 3,341 in other services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 13,772 to 7,890 since 2022.

Plan summary
Net assets, end of year$106,550,768
Participants with balances4,088
Active participants7,890
Employer contributions$3,770,716
Employee contributions$8,292,741
Employer contribution per active participant$478
Average account balance$26,064
Benefits paid to participants$5,920,453
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM, & DOOLING, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$106.6M · 4,088 accts · $3.8M emplr
2023$52.9M · 3,883 accts · $2.9M emplr
2022$44.6M · 3,723 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$279,183
Total administrative$279,183
The Trion Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$478
Median for plans this size$3,635
2024$478 per active participant
2023$489 per active participant
2022$164 per active participant

Trion Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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
PROACCOUNT NATIONWIDE · Investment advisory (participants)$197,226
THE BENEFIT ADVANTAGE · Investment advisory (participants)$30,738
PPA/TPA VICKI ROSE · Investment advisory (participants)$30,267
FENNER MELSTROM AND DOOLING PLC · Investment advisory (participants)$14,019
IRON FINANCIAL · Investment advisory (participants)$6,932

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$279,183 · 0.35%
2023$733,716 · 1.51%
2022$803,164 · 1.62%
Same employer
Similar plansOther Services · Michigan
Comau LLC MI$189.1M · 0.14%
The W.K. Kellogg Foundation MI$113.1M · 0.00%
Peckham, Inc. MI$67.2M · 0.41%
The Kresge Foundation MI$63.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461334892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.