Plan Ledger DOL Form 5500 · updated monthly

Aesseal Inc.401(k)

AESSEAL, INC. 401(K) RETIREMENT PLAN · ROCKFORD, TN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Aesseal Inc. reported $58,078 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,230 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 0.55% to 0.51%. 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 Tennessee (768th of 1,496), and 8,003rd of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 140 to 158 since 2022.

Plan summary
Net assets, end of year$12,088,420
Participants with balances204
Active participants158
Employer contributions$352,373
Employee contributions$868,832
Employer contribution per active participant$2,230
Average account balance$59,257
Benefits paid to participants$1,412,121
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 204 accts · $352K emplr
2023$10.6M · 191 accts · $315K emplr
2022$8.8M · 187 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,423
Trustee / custodial$32,655
Total administrative$58,078
The Aesseal Inc. 401(k) match · 2024
Employer contribution per active participant$2,230
Median for plans this size$2,416
2024$2,230 per active participant
2023$2,103 per active participant
2022$2,066 per active participant

Aesseal Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
THE TRUST COMPANY OF TENNESSEE · Contract administrator · Custodial (securities)$58,077

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,078 · 0.51%
2023$51,696 · 0.53%
2022$54,093 · 0.55%
Same employer
Similar plansManufacturing · Tennessee
Oliver Technologies, Inc. TN$12.6M · 0.59%
Brown Stove Works, Inc. TN$12.5M · 0.01%
Intersign Corporation TN$12.5M · 0.38%
Jeffrey Chain, L.P. TN$12.2M · 0.06%
Superior Steel, Inc. TN$12.0M · 0.87%
Drexel Chemical Company TN$11.0M · 0.48%
Otics USA, Inc. TN$10.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621869904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.