Plan Ledger DOL Form 5500 · updated monthly

Trystar, LLC401(k)

TRYSTAR, LLC 401K PLAN · FARIBAULT, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Trystar, LLC reported $9,291 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,315 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 0.04% to 0.05%. 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 the 899th-largest of 1,918 plans among Minnesota employers on file, and the 5,970th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 359 to 566 since 2022.

Plan summary
Net assets, end of year$19,791,630
Participants with balances393
Active participants566
Employer contributions$1,310,374
Employee contributions$2,613,579
Employer contribution per active participant$2,315
Average account balance$50,360
Benefits paid to participants$2,825,317
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 393 accts · $1.3M emplr
2023$16.1M · 307 accts · $880K emplr
2022$11.0M · 233 accts · $682K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,291
Total administrative$9,291
The Trystar, LLC 401(k) match · 2024
Employer contribution per active participant$2,315
Median for plans this size$2,416
2024$2,315 per active participant
2023$1,991 per active participant
2022$1,899 per active participant

Trystar, LLC's 2024 employer contribution ran below the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$9,291
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$9,291 · 0.05%
2023$4,870 · 0.04%
2022$3,420 · 0.04%
Same employer
Similar plansManufacturing · Minnesota
Dynamic Air Inc. MN$20.2M · 0.28%
Kannegiesser Etech, Inc. MN$20.1M · 0.42%
Dci, Inc. MN$20.1M · 0.03%
Carley Foundry, Inc. MN$19.9M · 0.36%
Everidge, Inc. MN$19.2M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411837436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.