I am a 55 year old male with a cholesterol level of 3.37 LDL and 1.33 HDL and a triglyceride of 1.42 is this acceptable?

Not really. The LDL is more of an issue than the hdl. Borderline high LDL levels are greater than 3.3, which corresponds to an increased risk for developing symptomatic cardiovascular disease events. So try to lower cholesterol total via diet, exercise, and medications.