Plan Ledger DOL Form 5500 · updated monthly

Trumbull Industries, Inc.401(k)

TRUMBULL INDUSTRIES, INC. EMPLOYEES' PROFIT SHARING PLAN · WARREN, OH · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Trumbull Industries, Inc. reported $30,264 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $909 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 0.16% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,371st-largest of 3,295 plans among Ohio employers on file, and the 1,978th of 4,246 in wholesale trade. In 2024, employees put in $5.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,012,333
Participants with balances282
Active participants260
Employer contributions$236,359
Employee contributions$1,186,821
Employer contribution per active participant$909
Average account balance$67,420
Benefits paid to participants$1,317,871
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH AND KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 282 accts · $236K emplr
2023$17.0M · 261 accts · $218K emplr
2022$17.1M · 280 accts · $288K emplr
Administrative expenses, itemized · 2024
Investment management$34,644
Total administrative$30,264
The Trumbull Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$909
Median for plans this size$2,416
2024$909 per active participant
2023$990 per active participant
2022$1,185 per active participant

Trumbull Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
GARY BAURER · Investment advisory (plan)$30,000
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$30,264 · 0.17%
2023$27,425 · 0.16%
2022$39,100 · 0.16%
Same employer
Similar plansWholesale Trade · Ohio
A-Gas US Inc. OH$19.6M · 0.26%
Health Care Logistics, Inc. OH$19.5M · 0.59%
Gardner, Inc. OH$19.0M · 0.52%
Interior Supply, Inc. OH$18.3M · 0.21%
Berpl, Inc. OH$17.8M

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Source: U.S. Department of Labor, Form 5500 series, EIN 340653551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.