Plan Ledger DOL Form 5500 · updated monthly

Truesdell Corporation401(k)

TRUESDELL CORPORATION SAVINGS/RETIREMENT PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Truesdell Corporation reported $58,004 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,260 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 0.69% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (703rd of 1,285), and 3,540th of 5,337 in construction. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,238,900
Participants with balances144
Active participants153
Employer contributions$498,766
Employee contributions$476,342
Employer contribution per active participant$3,260
Average account balance$50,270
Benefits paid to participants$420,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 144 accts · $499K emplr
2023$5.9M · 126 accts · $295K emplr
2022$5.0M · 139 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,615
Total administrative$58,004
The Truesdell Corporation 401(k) match · 2024
Employer contribution per active participant$3,260
Median for plans this size$1,313
2024$3,260 per active participant
2023$1,551 per active participant
2022$866 per active participant

Truesdell Corporation's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$651
PENSION PLANNING CONSULTANTS, INC. · Claims processing · Loan processing$19,176

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,004 · 0.88%
2023$51,242 · 0.94%
2022$36,772 · 0.69%
Similar plansConstruction · Arizona
Fulton Homes Corporation AZ$7.7M · 0.01%
Mni Enterprises, Inc. AZ$7.6M · 0.39%
Adobe Drywall, L.L.C. AZ$7.1M · 0.54%
Fann Contracting, Inc. AZ$7.0M · 0.53%
Fnf Construction, Inc. AZ$7.0M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860396664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.