Plan Ledger DOL Form 5500 · updated monthly

Tris Pharma, Inc.401(k)

TRIS PHARMA 401(K) PLAN · MONMOUTH JUNCTION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Tris Pharma, Inc. reported $72,003 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,561 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 0.06% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 577th-largest of 2,419 plans among New Jersey employers on file, and the 3,171st of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 442 to 556 since 2022.

Plan summary
Net assets, end of year$49,721,025
Participants with balances889
Active participants556
Employer contributions$1,979,995
Employee contributions$5,236,587
Employer contribution per active participant$3,561
Average account balance$55,929
Benefits paid to participants$3,636,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.7M · 889 accts · $2.0M emplr
2023$39.7M · 843 accts · $1.6M emplr
2022$29.9M · 778 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,003
Total administrative$72,003
The Tris Pharma, Inc. 401(k) match · 2024
Employer contribution per active participant$3,561
Median for plans this size$2,416
2024$3,561 per active participant
2023$3,120 per active participant
2022$3,188 per active participant

Tris Pharma, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$17,793
RED BANK PENSION SERVICES, INC. · Recordkeeping · Loan processing$12,715
BDO USA, LLP · Accounting / audit$32,523
MESIROW FINANCIAL, INC. · Investment advisory (plan)$8,972

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

Recordkeeper by year2
2024RED BANK PENSION SERVICES, INC., Transamerica
2023RED BANK PENSION SERVICES, INC., Transamerica

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Administrative cost history3
2024$72,003 · 0.16%
2023$30,480 · 0.09%
2022$19,337 · 0.06%
Same employer
Similar plansManufacturing · New Jersey
Astrodyne Corporation NJ$51.5M · 0.17%
Ekaterra 401(K) Plan NJ$50.9M · 0.09%
Global Industries, Inc. NJ$49.8M · 0.18%
True Capital Partners, LLC NJ$49.2M · 0.22%
Sk Life Science, Inc. NJ$49.0M · 0.25%
Picut Industries, Inc. NJ$47.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223747409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.