Plan Ledger DOL Form 5500 · updated monthly

Trk Enterprises, Inc.401(k)

TRK ENTERPRISES 401(K) PLAN · CHEYENNE, WY · plan year 2022

Reported admin expense ratio · 2022
1.59%

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

Trk Enterprises, Inc. reported $37,690 in plan administrative expenses for 2022: 1.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $95 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 1.59% to 1.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Wyoming (70th of 81), and 560th of 612 in mining, oil & gas extraction. In 2022, employees put in $12.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,279,003
Participants with balances96
Active participants259
Employer contributions$24,622
Employee contributions$308,200
Employer contribution per active participant$95
Average account balance$23,740
Benefits paid to participants$121,410
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.1M · 131 accts
2022$2.3M · 96 accts · $25K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$37,690
Total administrative$37,690
The Trk Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$95
Median for plans this size$1,114

Trk Enterprises, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$43,418 · 1.81%
2022$37,690 · 1.59%
Same employer
Similar plansMining, Oil & Gas Extraction · Wyoming
Kemmerer Operations, LLC WY$22.5M · 0.27%
Cyclone Drilling, Inc. WY$19.0M · 0.52%
Altitude Energy Partners WY$4.4M · 0.27%
R & R Services, Inc WY$2.5M · 0.02%
Circle 8 Newco, LLC TX$2.4M · 0.02%
Iacx Energy, LLC TX$2.4M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273555821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.