Plan Ledger DOL Form 5500 · updated monthly

Trussbilt, LLC401(k)

COASTAL DETENTION HOLDINGS, LLC 401(K) PLAN · HURON, SD · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Trussbilt, LLC reported $45,247 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $314 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in South Dakota (154th of 233), and 9,628th of 13,661 in manufacturing. In 2023, employees put in $5.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,091,598
Participants with balances178
Active participants278
Employer contributions$87,377
Employee contributions$443,351
Employer contribution per active participant$314
Average account balance$45,458
Benefits paid to participants$840,943
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 166 accts · $84K emplr
2023$8.1M · 178 accts · $87K emplr
2022$7.4M · 187 accts · $87K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,251
Investment management$16,996
Total administrative$45,247
The Trussbilt, LLC 401(k) match · 2023
Employer contribution per active participant$314
Median for plans this size$1,308
2024$289 per active participant
2023$314 per active participant
2022$285 per active participant

Trussbilt, LLC'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 · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,266
RIA ADVISORY GROUP, LLC · Investment advisory (plan)$16,996
RIA ADVISORY GROUP, LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$51,597 · 0.65%
2023$45,247 · 0.59%
2022$55,479 · 0.67%
Similar plansManufacturing · South Dakota
Marmen Energy Co. SD$10.1M · 0.58%
Electronic Systems Inc. SD$8.7M · 0.84%
Masaba, Inc. SD$8.6M · 0.04%
Diamond Mowers, LLC SD$8.5M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201525403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.