Plan Ledger DOL Form 5500 · updated monthly

Troy Design & Manufacturing Co.401(k)

TROY DESIGN & MANUFACTURING CO. 401(K) PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Troy Design & Manufacturing Co. reported $43,687 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,301 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 354th-largest of 2,619 plans among Michigan employers on file, and the 2,221st of 13,661 in manufacturing. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$81,399,508
Participants with balances371
Active participants281
Employer contributions$927,578
Employee contributions$2,577,827
Employer contribution per active participant$3,301
Average account balance$219,406
Benefits paid to participants$9,977,394
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$81.4M · 371 accts · $928K emplr
2023$75.5M · 383 accts · $975K emplr
2022$68.5M · 403 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Investment management$46,088
Total administrative$43,687
The Troy Design & Manufacturing Co. 401(k) match · 2024
Employer contribution per active participant$3,301
Median for plans this size$3,635
2024$3,301 per active participant
2023$3,421 per active participant
2022$3,403 per active participant

Troy Design & Manufacturing Co.'s 2024 employer contribution ran below 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
RBC WEALTH MANAGEMENT · Investment advisory (plan)$46,088
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$43,687 · 0.06%
2023$48,178 · 0.07%
2022$72,110 · 0.09%
All plans at this employer3
TROY DESIGN & MANUFACTURING CO. 401(K) PLAN401(k)
TROY DESIGN & MANUFACTURING CO. BARGAINING UNIT 401(K) PLAN401(k)
TROY DESIGN & MANUFACTURING CMC BARGAINING UNIT 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
Niterra North America, Inc. MI$82.2M · 0.05%
Neapco Holdings, LLC MI$81.8M · 0.30%
Norma Michigan, Inc. MI$81.2M · 0.17%
Emergency Technology, Inc. MI$79.2M · 0.19%
Windquest Group, Inc. MI$78.7M · 0.38%
Mayco International LLC MI$77.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382362912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.