Plan Ledger DOL Form 5500 · updated monthly

Triumph, Inc.401(k)

403(B) THRIFT PLAN OF TRIUMPH, INC. · TAUNTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Triumph, Inc. reported $9,553 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,239 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 0.02% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,411th of 2,726), and 8,657th of 11,911 in health care & social assistance. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 71 to 123 since 2022.

Plan summary
Net assets, end of year$3,842,206
Participants with balances109
Active participants123
Employer contributions$152,445
Employee contributions$216,431
Employer contribution per active participant$1,239
Average account balance$35,250
Benefits paid to participants$677,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 109 accts · $152K emplr
2023$3.8M · 103 accts · $136K emplr
2022$3.1M · 105 accts · $110K emplr
The Triumph, Inc. 401(k) match · 2024
Employer contribution per active participant$1,239
Median for plans this size$1,313
2024$1,239 per active participant
2023$1,858 per active participant
2022$1,556 per active participant

Triumph, Inc.'s 2024 employer contribution ran below the $1,313 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
NATIONWIDE · Claims processing · Recordkeeping$6,245
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$122
LODESTAR WEALTH, LLC · Investment advisory (plan) · Named fiduciary$8,065
DEFINITI LLC · Pension consulting · Valuation$2,525

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

Recordkeeper by year2
2024Mutual of America, Nationwide
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Triumph, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,553 · 0.25%
2023$408 · 0.01%
2022$768 · 0.02%
Similar plansHealth Care & Social Assistance · Massachusetts
Familyaid Boston Inc. MA$4.0M · 0.53%
Bear Hill Healthcare LLC MA$4.0M · 0.03%
Alpha Dental Center, PC MA$3.8M · 1.18%
Delta Projects, Inc. MA$3.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042394012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.