Plan Ledger DOL Form 5500 · updated monthly

Trustmark Services Company401(k)

TRUSTMARK SERVICES COMPANY INVESTMENT AND SAVINGS PLAN · LAKE FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Trustmark Services Company reported $255,732 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $6,592 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 2 years on file its reported administrative ratio rose from 0.03% to 0.09%. 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 234th-largest of 3,702 plans among Illinois employers on file, and the 442nd of 4,798 in finance & insurance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$307,286,294
Participants with balances1,215
Active participants851
Employer contributions$5,609,973
Employee contributions$8,897,333
Employer contribution per active participant$6,592
Average account balance$252,911
Benefits paid to participants$23,119,448
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$307.3M · 1,215 accts · $5.6M emplr
2023$274.1M · 1,204 accts · $5.1M emplr
2022$234.0M · 1,200 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$208,721
Investment management$15,011
Total administrative$255,732
The Trustmark Services Company 401(k) match · 2024
Employer contribution per active participant$6,592
Median for plans this size$4,294
2024$6,592 per active participant
2023$6,057 per active participant
2022$5,741 per active participant

Trustmark Services Company'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$208,721
WILLIS TOWERS WATSON US LLC · Consulting$32,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,011

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$255,732 · 0.09%
2023$146,775 · 0.06%
2022$86,052 · 0.03%
Same employer
Similar plansFinance & Insurance · Illinois
First Trust Portfolios L.P. IL$360.3M · 0.02%
Ctc Trading Group, LLC IL$352.4M · 0.02%
Drw Holdings, LLC IL$309.8M · 0.02%
First Busey Corporation IL$268.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270056662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.