Plan Ledger DOL Form 5500 · updated monthly

Trumpet Behavioral Health401(k)

TRUMPET BEHAVIORAL HEALTH 401(K) PLAN · LAKEWOOD, CO · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Trumpet Behavioral Health reported $33,909 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $136 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 1 year on file its reported administrative ratio rose from 0.54% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (992nd of 1,461), and 7,407th of 11,911 in health care & social assistance. In 2023, employees put in $3.27 for every $1.00 the employer contributed; active participation has grown from 478 to 1,168 since 2022.

Plan summary
Net assets, end of year$5,909,867
Participants with balances261
Active participants1,168
Employer contributions$158,538
Employee contributions$518,034
Employer contribution per active participant$136
Average account balance$22,643
Benefits paid to participants$1,608,750
Plan auditUnmodified (clean) audit opinion
AuditorRILEY AND COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.9M · 261 accts · $159K emplr
2022$5.7M · 289 accts · $160K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,909
Total administrative$33,909
The Trumpet Behavioral Health 401(k) match · 2023
Employer contribution per active participant$136
Median for plans this size$1,308
2023$136 per active participant
2022$335 per active participant

Trumpet Behavioral Health's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$33,909

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

Administrative cost history3
2024Not separately reported
2023$33,909 · 0.58%
2022$34,405 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Preparis, Inc. CO$6.2M · 0.64%
Continuum of Colorado CO$6.0M · 0.31%
West Central, Inc CO$5.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264753045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.