Plan Snapshot
- Plan Sponsor: Trion Industries, INC
- Sponsor EIN: 112122165
- Sponsor Address: 297 LAIRD STREET, WILKES BARRE, PA, 187026904
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $9.5M
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 | 275 | $9.5M | $151,964 | $486,417 |
| 2023 | 228 | $9.7M | $143,691 | $486,581 |
| 2022 | 212 | $8.4M | $73,263 | $460,852 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $53,326 | — | $53,326 |
| NEW ENGLAND RETIREMENT CONSULTANTS | INVESTMENT ADVISORY | — | $19,226 | $19,226 |
| KRONICK KALADA BERDY & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRONICK KALADA BERDY & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,552
- Estimated Expense Ratio: 0.765% 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 | $53,326 | — | $53,326 | — | — |
| 2023 | $48,934 | — | $48,934 | — | — |
| 2022 | $49,075 | — | $49,075 | — | — |