Plan Ledger DOL Form 5500 · updated monthly

Braxton Manufacturing Co., Inc.401(k)

BRAXTON MFG CO., INC. SAVINGS & RETIREMENT PLAN · WATERTOWN, CT · plan year 2025

Reported admin expense ratio · 2025
0.12%

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

Braxton Manufacturing Co., Inc. reported $30,725 in plan administrative expenses for 2025: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,322 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 fell from 0.13% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 476th-largest of 1,106 plans among Connecticut employers on file, and the 4,950th of 13,661 in manufacturing. In 2025, employees put in $4.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,282,456
Participants with balances172
Active participants198
Employer contributions$261,841
Employee contributions$1,173,460
Employer contribution per active participant$1,322
Average account balance$152,805
Benefits paid to participants$3,285,242
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$26.3M · 172 accts · $262K emplr
2024$25.0M · 176 accts · $259K emplr
2023$25.2M · 181 accts · $266K emplr
2022$21.3M · 183 accts · $263K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$1,700
Total administrative$30,725
The Braxton Manufacturing Co., Inc. 401(k) match · 2025
Employer contribution per active participant$1,322
Median for plans this size$2,666
2025$1,322 per active participant
2024$1,314 per active participant
2023$1,316 per active participant
2022$1,297 per active participant

Braxton Manufacturing Co., Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
CBIZ · Accounting / audit$23,175
PENSION CONSULTANTS, INC. · Contract administrator$5,690
CETERA ADVISOR NETWORKS LLCindirect comp

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

Administrative cost history4
2025$30,725 · 0.12%
2024$18,529 · 0.07%
2023$33,122 · 0.14%
2022$30,746 · 0.13%
Same employer
Similar plansManufacturing · Connecticut
Franklin Products, Inc. CT$26.8M · 0.26%
Hyaxiom, Inc. CT$26.7M · 0.19%
Okay Industries, Inc. CT$26.5M · 0.53%
Spine Wave, Inc. CT$26.3M · 0.16%
Pta Corporation CT$25.9M · 0.07%
Hubbell Caribe Limited CT$25.4M · 0.17%
H & T Waterbury, LLC CT$25.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060802403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.