Plan Ledger DOL Form 5500 · updated monthly

Trustbridge, Inc.401(k)

TRUSTBRIDGE 401(K) PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Trustbridge, Inc. reported $167,199 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,904 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 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 429th-largest of 3,644 plans among Florida employers on file, and the 1,447th of 11,911 in health care & social assistance. In 2024, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,558,077
Participants with balances1,423
Active participants1,076
Employer contributions$2,048,713
Employee contributions$5,755,134
Employer contribution per active participant$1,904
Average account balance$48,881
Benefits paid to participants$11,430,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.6M · 1,423 accts · $2.0M emplr
2023$66.0M · 1,405 accts · $2.0M emplr
2022$60.0M · 1,466 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,227
Investment management$39,972
Total administrative$167,199
The Trustbridge, Inc. 401(k) match · 2024
Employer contribution per active participant$1,904
Median for plans this size$3,635
2024$1,904 per active participant
2023$1,958 per active participant
2022$1,862 per active participant

Trustbridge, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$129,519
MMA SECURITIES LLC · Investment advisory (plan)$40,000

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$167,199 · 0.25%
2023$157,254 · 0.25%
2022$158,020 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Rotech Healthcare Inc. FL$74.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203974015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.