Plan Ledger DOL Form 5500 · updated monthly

Truvant401(k)

TRUVANT 401(K) PROFIT SHARING PLAN · PRAIRIE DU CHIEN, WI · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Truvant reported $81,808 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $739 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 0.52% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,030th of 1,936), and 7,012th of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,290,609
Participants with balances338
Active participants746
Employer contributions$551,438
Employee contributions$1,001,073
Employer contribution per active participant$739
Average account balance$45,238
Benefits paid to participants$2,119,339
Plan auditUnmodified (clean) audit opinion
AuditorMEICHER CPA
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 338 accts · $551K emplr
2023$13.6M · 364 accts · $536K emplr
2022$11.5M · 369 accts · $489K emplr
Administrative expenses, itemized · 2024
Investment management$81,808
Total administrative$81,808
The Truvant 401(k) match · 2024
Employer contribution per active participant$739
Median for plans this size$2,416
2024$739 per active participant
2023$723 per active participant
2022$716 per active participant

Truvant's 2024 employer contribution ran below the $2,416 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 · 20241
TRUST POINT INC · Recordkeeping · Trustee$81,808

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,808 · 0.57%
2023$74,727 · 0.59%
2022$62,847 · 0.52%
Same employer
Similar plansManufacturing · Wisconsin
Spectrum Industries, Inc. WI$15.6M · 0.07%
Molded Dimensions, LLC WI$15.4M · 0.44%
Elkay Manufacturing Company WI$15.4M · 0.16%
Abbyland Foods, Inc. WI$15.2M · 0.53%
Dielectric Manufacturing WI$15.1M · 0.22%
Triangle Tool, LLC WI$15.0M · 0.21%
Eck Industries, Inc. WI$15.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391787024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.