Plan Ledger DOL Form 5500 · updated monthly

Tryzub Inc401(k)

TRYZUB INC 401(K) PROFIT SHARING PLAN & TRUST · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Tryzub Inc reported $49,451 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,663 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 0.55% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,239th of 3,295), and 8,861st of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 112 to 143 since 2022.

Plan summary
Net assets, end of year$7,525,148
Participants with balances224
Active participants143
Employer contributions$237,804
Employee contributions$525,405
Employer contribution per active participant$1,663
Average account balance$33,594
Benefits paid to participants$125,428
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE, NICKLES & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 224 accts · $238K emplr
2023$6.0M · 184 accts · $202K emplr
2022$4.8M · 155 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,481
Investment management$32,110
Trustee / custodial$860
Total administrative$49,451
The Tryzub Inc 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$1,313
2024$1,663 per active participant
2023$1,566 per active participant
2022$1,643 per active participant

Tryzub Inc's 2024 employer contribution ran above the $1,313 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 · 20242
PAYCHEX, INC. · Recordkeeping$16,642
OSAIC WEALTH, INC. · Investment advisory (participants)$32,110

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

Recordkeeper by year2
2024Paychex
2023OSAIC WEALTH, INC., Paychex, ROYAL ALLIANCE ASSOCIATES INC

This plan has changed recordkeepers within these filings. If you left Tryzub Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,451 · 0.73%
2023$37,721 · 0.70%
2022$27,664 · 0.55%
Similar plansProfessional & Technical Services · Ohio
Enviroscience, Inc. OH$7.9M · 0.45%
Fathom Seo, LLC OH$7.8M · 0.72%
Sigmatek Systems, LLC OH$7.7M · 0.27%
Javitch Block LLC OH$7.4M · 0.60%
Dicello Levitt LLP OH$7.3M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341832338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.