Plan Ledger DOL Form 5500 · updated monthly

Try-It Distributing Company, Inc401(k)

TRY-IT DISTRIBUTING COMPANY, INC & SUBSIDIARIES CASH OR DEFERRED PLAN · LANCASTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Try-It Distributing Company, Inc reported $139,959 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,101 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 0.25% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,403rd-largest of 5,648 plans among New York employers on file, and the 862nd of 4,246 in wholesale trade. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,924,281
Participants with balances795
Active participants641
Employer contributions$705,898
Employee contributions$2,258,830
Employer contribution per active participant$1,101
Average account balance$60,282
Benefits paid to participants$7,074,824
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU, TRAVIS, BESAW, & KERSHNER
Plan history3
Yearassets · accounts · employer contribution
2024$47.9M · 795 accts · $706K emplr
2023$46.8M · 812 accts · $688K emplr
2022$44.0M · 800 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,959
Total administrative$139,959
The Try-It Distributing Company, Inc 401(k) match · 2024
Employer contribution per active participant$1,101
Median for plans this size$2,416
2024$1,101 per active participant
2023$1,044 per active participant
2022$1,698 per active participant

Try-It Distributing Company, Inc'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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$139,983

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$139,959 · 0.30%
2023$122,425 · 0.27%
2022$112,938 · 0.25%
Same employer
Similar plansWholesale Trade · New York
Sid Harvey Industries, Inc. NY$49.0M · 0.02%
Empire Merchants North, LLC NY$48.5M · 0.20%
Gould Paper Corporation NY$48.0M · 0.29%
Hop Energy, LLC NY$47.0M · 0.15%
Nic Holding Corp. NY$46.5M · 0.12%
Clarins USA, Inc. NY$46.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160666490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.