Plan Ledger DOL Form 5500 · updated monthly

Tropicana Products, Inc.401(k)

TROPICANA PRODUCTS 401(K) SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Tropicana Products, Inc. reported $364,191 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,699 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 0.14% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 278th-largest of 3,702 plans among Illinois employers on file, and the 1,009th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$246,035,523
Participants with balances2,156
Active participants2,022
Employer contributions$7,479,444
Employee contributions$17,559,202
Employer contribution per active participant$3,699
Average account balance$114,117
Benefits paid to participants$40,931,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$246.0M · 2,156 accts · $7.5M emplr
2023$230.7M · 2,112 accts · $10.4M emplr
2022$199.7M · 2,133 accts · $9.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$215,698
Total administrative$364,191
The Tropicana Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,699
Median for plans this size$3,635
2024$3,699 per active participant
2023$5,222 per active participant
2022$4,556 per active participant

Tropicana Products, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$216,048
MERCER · Investment advisory (plan)$125,000

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

Administrative cost history3
2024$364,191 · 0.15%
2023$368,106 · 0.17%
2022$278,402 · 0.14%
Similar plansManufacturing · Illinois
Spraying Systems Co IL$254.9M · 0.07%
Inx International Ink Co. IL$252.7M · 0.09%
Grundfos Pumps Corporation IL$250.9M · 0.11%
Hydraforce, Inc. IL$250.2M · 0.15%
Now Health Group, Inc. IL$235.7M · 0.09%
Tate & Lyle Americas, LLC IL$233.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133346705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.