Triage, LLC 401(k) Review & Grade
Triage, LLC Retirement Savings Plan
Omaha, NEAdministrative, Support & Staffing Services5,257 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$570Employer $ per active participant
$2,002Employee $ saved per active participant
0.49%Direct admin cost, % of plan assets
$73.7MNet plan assets, end of year
$27,124Average balance per account
Score breakdown
- Employer generosity29.8 / 5060th percentile for employer $ per participant
- Low cost3.3 / 2513th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 13th |
| Employee saving | 61th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($655,792 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,047 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Triage put in about $570 per active participant, more than the typical peer ($342). 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.
- Direct plan expenses (0.49% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,995,361 |
| Participant (employee) contributions | $10,522,503 |
| Other contributions (incl. rollovers in) | $2,694,373 |
| Administrative expenses paid from the plan | $339,259 |
| Investment advisory & management fees | $20,895 |
| Benefits paid out | $15,590,296 |
| Net assets, start / end of year | $63.9M / $73.7M |
| Active participants, start / end of year | 3,831 / 6,683 |
| Participants with account balances | 2,717 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $288,964 reported compensation |
| Eide Bailly LLP | $29,400 reported compensation |
| Strategic Advisors, Inc. | $20,895 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250804160647NAL0003840850001, received 2025-08-04, EIN 81-4852747, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.