Plan Ledger DOL Form 5500 · updated monthly

Triumph Group, Inc.401(k)

TRIUMPH GROUP, INC. 401K PLAN · RADNOR, PA · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Triumph Group, Inc. reported $631,176 in plan administrative expenses for 2023: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,669 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 0.09% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 91st-largest of 3,651 plans among Pennsylvania employers on file, and the 381st of 13,661 in manufacturing. In 2023, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$848,285,250
Participants with balances5,794
Active participants2,543
Employer contributions$9,330,030
Employee contributions$20,685,202
Employer contribution per active participant$3,669
Average account balance$146,408
Benefits paid to participants$89,820,932
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE & ASSOCIATES LTD
Plan history3
Yearassets · accounts · employer contribution
2024$835.5M · 5,028 accts · $8.4M emplr
2023$848.3M · 5,794 accts · $9.3M emplr
2022$786.6M · 6,134 accts · $9.2M emplr
The Triumph Group, Inc. 401(k) match · 2023
Employer contribution per active participant$3,669
Median for plans this size$4,362
2024$4,129 per active participant
2023$3,669 per active participant
2022$3,443 per active participant

Triumph Group, Inc.'s 2023 employer contribution ran below the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$393,136
VANGUARD ADVISERS INC. · Investment advisory (participants)$254,249

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$482,050 · 0.06%
2023$631,176 · 0.08%
2022$757,447 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
B. Braun Medical Inc. PA$977.3M · 0.08%
Essity North America PA$912.8M · 0.02%
Skf USA Inc. PA$816.0M · 0.08%
Lanxess Corporation PA$806.3M · 0.05%
Dentsply Sirona Inc. PA$772.2M · 0.04%
Teleflex Incorporated PA$766.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510347963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.