Plan Ledger DOL Form 5500 · updated monthly

Trump Payroll Corp.401(k)

TRUMP PAYROLL CORP. 401(K) / PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Trump Payroll Corp. reported $13,167 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,081 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 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,001st-largest of 5,648 plans among New York employers on file, and the 1,934th of 11,654 in professional & technical services. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 996 to 1,173 since 2022.

Plan summary
Net assets, end of year$74,976,429
Participants with balances1,553
Active participants1,173
Employer contributions$1,267,955
Employee contributions$3,816,430
Employer contribution per active participant$1,081
Average account balance$48,278
Benefits paid to participants$6,993,456
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.0M · 1,553 accts · $1.3M emplr
2023$65.4M · 1,504 accts · $1.2M emplr
2022$54.8M · 1,460 accts · $607K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,231
Investment management$10,936
Total administrative$13,167
The Trump Payroll Corp. 401(k) match · 2024
Employer contribution per active participant$1,081
Median for plans this size$3,635
2024$1,081 per active participant
2023$817 per active participant
2022$609 per active participant

Trump Payroll Corp.'s 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,936
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,231

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$13,167 · 0.02%
2023$14,296 · 0.02%
2022$55,011 · 0.09%
Similar plansProfessional & Technical Services · New York
Active Media Services, Inc. NY$77.2M · 0.28%
Bts USA, Inc. NY$74.4M
Barton & Loguidice, D.P.C. NY$73.9M · 0.08%
Curinos, Inc. NY$73.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133494471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.