Trion Industries, Inc. Employee'S 401(K) Savings Plan — Form 5500 plan (Trion Industries, Inc)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Trion Industries, Inc. Employee'S 401(K) Savings Plan is a benefit plan reported by Trion Industries, Inc under EIN 11-2122165 and plan number 003. The latest loaded filing year is 2023. The filing reports 244 participants and $9,692,766 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.7MPlan net assets, end of year$9,692,766
Participants244Covered participants reported
Assets / participant$39.7KComputed: assets ÷ participants$39,724 (computed)
Provider compensation$66.4K2 Schedule C provider row(s)$66,429
- Plan sponsor
- Trion Industries, Inc
- EIN
- 11-2122165
- Plan number
- 003
- Plan type
- 2
- Location
- Wilkes Barre, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 244 | H, C | 20240909122752NAL0002361443001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$9.7M total assets
Net assets$9.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,692,766
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,692,766
- Net assets (BOY)
- $8,354,471
Income & contributions
- Employer contributions
- $143,691
- Participant contributions
- $486,581
- Total contributions
- $630,272
- Total income / additions
- $1,809,869
Expenses & distributions
- Benefits paid
- $402,974
- Administrative expenses
- $48,934
- Total expenses
- $471,574
- Net increase / (decrease)
- $1,338,295
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
23%77%
Employer 23%Participant 77%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $48,934 | $0 | 2023 |
| New England Retirement Consultants | INVESTMENT ADVISORY | $0 | $17,495 | 2023 |