Plan Snapshot
- Plan Sponsor: Trustage Financial Group, INC.
- Sponsor EIN: 454418520
- Sponsor Address: P.O. BOX 391, MADISON, WI, 537010391
- Plan Type: DB
- Total Participants: 1,929
- Total Assets: $591.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,929 | $591.2M | $13.3M | $0 |
| 2023 | 2,107 | $605.4M | $0 | $0 |
| 2022 | 2,277 | $593.3M | $28.5M | $0 |
| 2019 | 2,966 | $714.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| MILLIMAN USA | NONE | $379,900 | — | $379,900 |
| GRANT THORNTON, LLP | NONE | $42,000 | — | $42,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN USA — NONE
- GRANT THORNTON, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $421,900
- Estimated Expense Ratio: 0.071% 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 | $1,547,051 | — | — | — | — |
| 2023 | $210,023 | — | — | — | — |
| 2022 | $872,646 | — | — | — | — |
| 2019 | $1,076,715 | — | — | — | — |