Plan Ledger DOL Form 5500 · updated monthly

Accutron, Inc.401(k)

ACCUTRON, INC. 401(K) PLAN · WINDSOR, CT · plan year 2024

Reported admin expense ratio · 2024
0.38%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Accutron, Inc. reported $60,213 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $23,049 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (597th of 1,106), and the 6,616th of 13,661 in manufacturing. In 2024, the employer put in $1.46 for every $1.00 employees contributed themselves; active participation has shrunk from 128 to 41 since 2022.

Plan summary
Net assets, end of year$16,789,044
Participants with balances122
Active participants41
Employer contributions$945,003
Employee contributions$646,445
Employer contribution per active participant$23,049
Average account balance$137,615
Benefits paid to participants$1,548,110
Plan auditUnmodified (clean) audit opinion
AuditorTHE INNOVATIVE CPA GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 122 accts · $945K emplr
2023$14.7M · 155 accts · $292K emplr
2022$12.8M · 154 accts · $285K emplr
The Accutron, Inc. 401(k) match · 2024
Employer contribution per active participant$23,049
Median for plans this size$2,416
2024$23,049 per active participant
2023$2,354 per active participant
2022$2,224 per active participant

Accutron, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
CONNECTICUT WEALTH MANAGEMENT · Investment advisory (plan)$38,067
EMPOWER ADVISORY GROUP, LLC · Investment management$2,480
PENSION CONSULTANTS, INC. · Accounting / audit$2,310

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$60,213 · 0.38%
2023$51,911 · 0.38%
2022$56,325 · 0.40%
Similar plansManufacturing · Connecticut
Aero Gear, Inc. CT$18.6M · 0.17%
Empire Industries, Inc. CT$18.2M · 0.35%
Arburg, Inc. CT$16.4M · 0.08%
Defibtech, LLC CT$16.0M · 0.47%
Centrix, Inc. CT$16.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061281754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.