Plan Ledger DOL Form 5500 · updated monthly

Trustmark Corporation401(k)

TRUSTMARK 401(K) PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Trustmark Corporation reported $180,921 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,303 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 0.046%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 8th-largest of 367 plans among Mississippi employers on file, and the 357th of 4,798 in finance & insurance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$397,724,426
Participants with balances2,992
Active participants2,487
Employer contributions$10,700,550
Employee contributions$14,776,805
Employer contribution per active participant$4,303
Average account balance$132,929
Benefits paid to participants$68,436,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$397.7M · 2,992 accts · $10.7M emplr
2023$385.0M · 3,163 accts · $10.8M emplr
2022$344.9M · 3,064 accts · $10.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,921
Total administrative$180,921
The Trustmark Corporation 401(k) match · 2024
Employer contribution per active participant$4,303
Median for plans this size$4,294
2024$4,303 per active participant
2023$3,934 per active participant
2022$3,728 per active participant

Trustmark Corporation's 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$26,179
CHARLES SCHWAB · Securities brokerageindirect 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$180,921 · 0.05%
2023$130,456 · 0.04%
2022$177,184 · 0.05%
Same employer
Similar plansFinance & Insurance · Mississippi
Cadence Bank MS$817.1M
Hancock Whitney Corporation MS$687.5M · 0.07%
Renasant Bank MS$387.5M · 0.08%
Bancplus Corporation MS$180.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640471500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.