Plan Snapshot
- Plan Sponsor: Trion Solutions, INC.
- Sponsor EIN: 461334892
- Sponsor Address: 340 E. BIG BEAVER RD., SUITE 160, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 7,890
- Total Assets: $106.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,890 | $106.6M | $3.8M | $8.3M |
| 2023 | 5,933 | $52.9M | $2.9M | $6.1M |
| 2022 | 13,772 | $44.6M | $2.3M | $6.1M |
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 |
|---|---|---|---|---|
| PROACCOUNT NATIONWIDE | INVESTMENT ADVISORY | $197,226 | — | $197,226 |
| THE BENEFIT ADVANTAGE | INVESTMENT ADVISORY | $30,738 | — | $30,738 |
| PPA/TPA VICKI ROSE | INVESTMENT ADVISORY | $30,267 | — | $30,267 |
| FENNER MELSTROM AND DOOLING PLC | INVESTMENT ADVISORY | $14,019 | — | $14,019 |
| IRON FINANCIAL | INVESTMENT ADVISORY | $6,932 | — | $6,932 |
| FENNER, MELSTROM, & DOOLING, PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PROACCOUNT NATIONWIDE — INVESTMENT ADVISORY
- FENNER, MELSTROM, & DOOLING, PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $279,182
- Estimated Expense Ratio: 0.262% 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 | $279,183 | — | — | — | — |
| 2023 | $733,716 | — | — | — | — |
| 2022 | $803,164 | $803,164 | — | — | — |