Plan Ledger DOL Form 5500 · updated monthly

Acuren Inspection, Inc.401(k)

ACUREN INSPECTION, INC. RETIREMENT SAVINGS PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Acuren Inspection, Inc. reported $290,446 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $974 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 2 years on file its reported administrative ratio fell from 0.33% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 136th-largest of 1,106 plans among Connecticut employers on file, and the 1,050th of 11,654 in professional & technical services. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 2,510 to 3,404 since 2022.

Plan summary
Net assets, end of year$148,659,658
Participants with balances2,607
Active participants3,404
Employer contributions$3,316,166
Employee contributions$12,044,450
Employer contribution per active participant$974
Average account balance$57,023
Benefits paid to participants$18,937,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$148.7M · 2,607 accts · $3.3M emplr
2023$130.1M · 2,448 accts · $3.2M emplr
2022$79.0M · 1,580 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$217,036
Investment management$7,500
Audit (IQPA)$65,910
Total administrative$290,446
The Acuren Inspection, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$3,635
2024$974 per active participant
2023$945 per active participant
2022$820 per active participant

Acuren Inspection, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$217,036
FORVIS MAZARS, LLP · Accounting / audit$35,700
CLIFTONLARSONALLEN LLP · Accounting / audit$16,710
EISNERAMPER LLP · Accounting / audit$13,500
FIDUCIARY INVESTMENT ADVISORS · Investment management$7,500
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$290,446 · 0.21%
2023$247,638 · 0.24%
2022$289,941 · 0.33%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Perkinelmer US, LLC CT$173.5M · 0.11%
Insurity, LLC. CT$158.1M · 0.14%
Sonalysts, Inc CT$145.7M · 0.02%
Wiggin & Dana LLP CT$130.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752332601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.