Plan Snapshot
- Plan Sponsor: Trio Electric, Ltd.
- Sponsor EIN: 421585496
- Sponsor Address: 11413 TODD STREET, HOUSTON, TX, 77055
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 190 | $5.2M | $39,510 | $479,821 |
| 2023 | 203 | $4.7M | $34,933 | $504,477 |
| 2022 | 207 | $3.8M | $27,015 | $646,446 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | RECORDKEEPER | $21,802 | — | $21,802 |
| 3(16) FIDUCIARY SERVICES CORP | RECORDKEEPER | $17,032 | — | $17,032 |
| TEMPLETON & COMPANY LLP | AUDIT | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — RECORDKEEPER
- TEMPLETON & COMPANY LLP — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,334
- Estimated Expense Ratio: 0.873% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $45,335 | — | $17,033 | $6,500 | — |
| 2023 | $29,715 | — | $13,263 | — | — |
| 2022 | $51,881 | — | $45,881 | — | $6,000 |