Plan Ledger DOL Form 5500 · updated monthly

Trust Point Inc401(k)

TRUST POINT INC 401(K) PROFIT SHARING PLAN · LA CROSSE, WI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Trust Point Inc reported $18,500 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,750 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 fell from 0.06% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 451st-largest of 1,936 plans among Wisconsin employers on file, and the 1,808th of 4,798 in finance & insurance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has grown from 86 to 97 since 2022.

Plan summary
Net assets, end of year$44,885,855
Participants with balances144
Active participants97
Employer contributions$1,236,724
Employee contributions$912,633
Employer contribution per active participant$12,750
Average account balance$311,707
Benefits paid to participants$899,544
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.9M · 144 accts · $1.2M emplr
2023$38.6M · 144 accts · $1.1M emplr
2022$32.3M · 136 accts · $989K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$18,500
Total administrative$18,500
The Trust Point Inc 401(k) match · 2024
Employer contribution per active participant$12,750
Median for plans this size$2,416
2024$12,750 per active participant
2023$11,405 per active participant
2022$11,500 per active participant

Trust Point Inc's 2024 employer contribution ran above the $2,416 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
TRUST POINT INC · Recordkeeping · Trusteeindirect comp
RSM US LLP · Accounting / audit$18,500

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

Recordkeeper by year2
2024TRUST POINT INC
2023TRUST POINT INC

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Administrative cost history3
2024$18,500 · 0.04%
2023$21,050 · 0.06%
2022Not separately reported
Similar plansFinance & Insurance · Wisconsin
North Shore Bank, Fsb WI$53.6M · 0.17%
Horicon Bank WI$46.6M · 0.30%
Woodtrust Bank WI$44.2M · 0.04%
Tricor, LLC WI$42.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390415000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.