Plan Ledger DOL Form 5500 · updated monthly

Truveris Inc401(k)

TRUVERIS INC 401(K) PROFIT SHARING PLAN AND TRUST · WILMINGTON, DE · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Truveris Inc reported $2,117 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,825 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Delaware (135th of 242), and 7,428th of 11,654 in professional & technical services. In 2023, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,861,062
Participants with balances229
Active participants115
Employer contributions$439,909
Employee contributions$1,319,756
Employer contribution per active participant$3,825
Average account balance$51,795
Benefits paid to participants$1,454,280
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.9M · 229 accts · $440K emplr
2022$9.4M · 248 accts · $404K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$613
Investment management$1,504
Total administrative$2,117
The Truveris Inc 401(k) match · 2023
Employer contribution per active participant$3,825
Median for plans this size$2,440
2023$3,825 per active participant
2022$2,462 per active participant

Truveris Inc's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$613

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

Administrative cost history2
2023$2,117 · 0.02%
2022$1,383 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Delaware
Ion Geophysical Corporation DE$15.5M · 0.11%
Babylon Inc. DE$13.7M · 0.48%
Bitwise Industries, Inc. DE$13.3M · 1.07%
Mbms, LLC DE$12.8M · 0.48%
Whele HR LLC DE$7.6M · 0.12%
Pro Automated Inc DE$5.9M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274345686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.