Plan Ledger DOL Form 5500 · updated monthly

Troemner, LLC401(k)

TROEMNER, LLC CASH OR DEFERRED PROFIT SHARING PLAN AND TRUST · THOROFARE, NJ · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Troemner, LLC reported $46,158 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,677 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 rose from 0.50% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,549th of 2,419), and 9,015th of 13,661 in manufacturing. In 2023, employees put in $2.15 for every $1.00 the employer contributed; active participation has shrunk from 148 to 131 since 2022.

Plan summary
Net assets, end of year$9,509,100
Participants with balances178
Active participants131
Employer contributions$219,724
Employee contributions$472,561
Employer contribution per active participant$1,677
Average account balance$53,422
Benefits paid to participants$852,330
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $207K emplr
2023$9.5M · 178 accts · $220K emplr
2022$8.1M · 190 accts · $233K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,044
Investment management$14,114
Total administrative$46,158
The Troemner, LLC 401(k) match · 2023
Employer contribution per active participant$1,677
Median for plans this size$1,308
2023$1,677 per active participant
2022$1,572 per active participant

Troemner, LLC's 2023 employer contribution ran above the $1,308 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 · 20233
ADP, INC. · Loan processing · Recordkeeping$32,043
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$14,114
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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Administrative cost history3
2024Not separately reported
2023$46,158 · 0.53%
2022$43,950 · 0.50%
Similar plansManufacturing · New Jersey
Beacon Converters, Inc. NJ$9.7M · 0.53%
Takara Belmont USA, Inc. NJ$9.7M · 0.34%
Ics Corporation NJ$9.7M · 0.61%
Custom Alloy Corporation NJ$9.3M · 0.55%
The Vmc Group NJ$9.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471976482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.