Trescal, Inc. 401(k) Review & Grade
Trescal, Inc. Employee 401(k) Plan
Hartland, MIOther Services504 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,790Employer $ per active participant
$6,565Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$45.0MNet plan assets, end of year
$72,011Average balance per account
Score breakdown
- Employer generosity31.9 / 5064th percentile for employer $ per participant
- Low cost9.3 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1584th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 37th |
| Employee saving | 84th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Trescal put in about $1,790 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $902,916 |
| Participant (employee) contributions | $3,312,220 |
| Other contributions (incl. rollovers in) | $10,366 |
| Administrative expenses paid from the plan | $139,786 |
| Contract administrator fees | $139,786 |
| Benefits paid out | $4,183,329 |
| Net assets, start / end of year | $39.6M / $45.0M |
| Active participants, start / end of year | 517 / 492 |
| Participants with account balances | 625 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Mrpr Group, PC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $139,786 reported compensation |
| Osaic Wealth Inc | $43,117 reported compensation |
| Michigan Planners Inc | $28,744 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724163041NAL0014423938001, received 2025-07-24, EIN 38-2716012, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.