Plan Ledger DOL Form 5500 · updated monthly

Troy Group, Inc.401(k)

TROY GROUP, INC. 401(K) SAVINGS AND INVESTMENT PLAN · WHEELING, WV · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Troy Group, Inc. reported $42,338 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,263 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 0.48% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 99th-largest of 265 plans among West Virginia employers on file, and 6,967th of 13,661 in manufacturing. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has grown from 101 to 114 since 2022.

Plan summary
Net assets, end of year$15,440,297
Participants with balances152
Active participants114
Employer contributions$258,002
Employee contributions$650,365
Employer contribution per active participant$2,263
Average account balance$101,581
Benefits paid to participants$1,328,659
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN YANAK AND FORD
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 152 accts · $258K emplr
2023$14.1M · 158 accts · $250K emplr
2022$12.4M · 183 accts · $256K emplr
Administrative expenses, itemized · 2024
Investment management$42,338
Total administrative$42,338
The Troy Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,263
Median for plans this size$2,416
2024$2,263 per active participant
2023$2,690 per active participant
2022$2,535 per active participant

Troy Group, Inc.'s 2024 employer contribution ran below the $2,416 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
SHUSTER ADVISORY GROUP LLC · Investment advisory (plan)$42,338

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$42,338 · 0.29%
2023$19,679 · 0.15%
2022$64,719 · 0.48%
Similar plansManufacturing · West Virginia
Swanson Industries, Inc. WV$25.3M · 0.31%
Rubberlite, Inc. WV$25.3M · 0.14%
Conn-Weld Industries, LLC WV$16.4M · 0.03%
Woodcraft, LLC WV$13.2M · 0.50%
Dalb, Inc. WV$12.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330807798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.