Plan Ledger DOL Form 5500 · updated monthly

Trison Business Solutions, Inc.401(k)

TRISON BUSINESS SOLUTIONS, INC. 401(K) PLAN · LEROY, NY · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Trison Business Solutions, Inc. reported $2,530 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.06% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (4,132nd of 5,648), and the 1,261st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$6,655,654
Participants with balances98
Active participants77
Employer contributions$0
Employee contributions$384,130
Employer contribution per active participant$0
Average account balance$67,915
Benefits paid to participants$527,334
Plan auditUnmodified (clean) audit opinion
AuditorDEJOY & CO.CPAS, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.7M · 98 accts
2022$5.4M · 112 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,108
Investment management$422
Total administrative$2,530
The Trison Business Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Trison Business Solutions, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,108

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

Administrative cost history2
2023$2,530 · 0.04%
2022$3,085 · 0.06%
Similar plansAdministrative & Support Services · New York
Ntc Marketing, Inc NY$6.7M · 0.56%
Target Temporaries, Inc. NY$6.5M · 0.01%
Odgers Berndtson LLC NY$6.5M · 0.50%
Geometric Results, Inc. NY$6.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161596358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.