Plan Ledger DOL Form 5500 · updated monthly

Arburg, Inc.401(k)

ARBURG, INC. 401(K) SAVINGS PLAN · ROCKY HILL, CT · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Arburg, Inc. reported $11,564 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,917 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 rose from 0.07% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (602nd of 1,106), and the 6,704th of 13,661 in manufacturing. In 2023, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,392,781
Participants with balances141
Active participants109
Employer contributions$426,904
Employee contributions$1,068,796
Employer contribution per active participant$3,917
Average account balance$116,261
Benefits paid to participants$847,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 142 accts · $428K emplr
2023$16.4M · 141 accts · $427K emplr
2022$13.7M · 135 accts · $283K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,564
Total administrative$11,564
The Arburg, Inc. 401(k) match · 2023
Employer contribution per active participant$3,917
Median for plans this size$2,440
2024$3,857 per active participant
2023$3,917 per active participant
2022$2,747 per active participant

Arburg, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RAYMOND JAMESindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)indirect comp
WELLS THOMAS, LLC · Other servicesindirect comp

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$24,936 · 0.15%
2023$11,564 · 0.08%
2022$10,669 · 0.07%
Similar plansManufacturing · Connecticut
Accutron, Inc. CT$16.8M · 0.38%
Defibtech, LLC CT$16.0M · 0.47%
Centrix, Inc. CT$16.0M · 0.56%
Alpha Q, Inc. CT$16.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541557504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.