Plan Ledger DOL Form 5500 · updated monthly

Trismart Solar LLC401(k)

TRISMART SOLAR 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
3.15%

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

Trismart Solar LLC reported $14,867 in plan administrative expenses for 2024: 3.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $210 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 0.35% to 3.15%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (5,428th of 5,688), and 5,209th of 5,337 in construction. In 2024, employees put in $4.43 for every $1.00 the employer contributed; active participation has shrunk from 213 to 166 since 2022.

Plan summary
Net assets, end of year$558,390
Participants with balances138
Active participants166
Employer contributions$34,925
Employee contributions$154,882
Employer contribution per active participant$210
Average account balance$4,046
Benefits paid to participants$67,168
Plan auditUnmodified (clean) audit opinion
AuditorCHERRY BEKAERT ADVISORY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$558K · 138 accts · $35K emplr
2023$0
2022$249K · 150 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,867
Total administrative$14,867
The Trismart Solar LLC 401(k) match · 2024
Employer contribution per active participant$210
Median for plans this size$540

Trismart Solar LLC's 2024 employer contribution ran below the $540 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
VOYA RETIREMENT ADVISORS LLC · Investment advisory (participants)$457
LEAFHOUSE FINANCIAL ADVISORS$302
ECONOMIC GROUP PENSION SERVICES LLC · Other servicesindirect comp
ECONOMIC GROUP PENSION SERVICES · Other servicesindirect comp

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$14,867 · 3.15%
2023Not separately reported
2022$877 · 0.35%
Same employer
Similar plansConstruction · Texas
Claremont Property Co. TX$590K · 0.14%
F.W. Walton, Inc TX$445K · 1.64%
Msf Electric, Inc. TX$422K · 0.15%
Redden Concrete Inc. TX$410K · 0.33%
Bbb Tank Services LLC TX$407K · 2.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 461945032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.