Plan Ledger DOL Form 5500 · updated monthly

Commercial Sewing, Inc.401(k)

COMMERCIAL SEWING, INC.EMPLOYEE SAVINGS AND RETIREMENT PLAN · TORRINGTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Commercial Sewing, Inc. reported $62,411 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,296 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 0.15% to 0.62%. 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 (727th of 1,106), and 8,469th of 13,661 in manufacturing. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has shrunk from 164 to 144 since 2022.

Plan summary
Net assets, end of year$10,757,596
Participants with balances182
Active participants144
Employer contributions$186,571
Employee contributions$618,378
Employer contribution per active participant$1,296
Average account balance$59,108
Benefits paid to participants$838,618
Plan auditUnmodified (clean) audit opinion
AuditorCHARLAND,MARCIANO AND CO, CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 182 accts · $187K emplr
2023$9.5M · 177 accts · $188K emplr
2022$8.5M · 177 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,411
Total administrative$62,411
The Commercial Sewing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,296
Median for plans this size$2,416
2024$1,296 per active participant
2023$1,189 per active participant
2022$1,193 per active participant

Commercial Sewing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$29,628
JIM HALLINAN PENSION CONSULTING LLC · Recordkeeping · Loan processing$1,890
LPL FINANCIAL CORPORATION · Investment advisory (plan)$30,573
COMMERCIAL SEWING INC$14,375

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

Recordkeeper by year2
2024JIM HALLINAN PENSION CONSULTING LLC, Transamerica
2023JIM HALLINAN PENSION CONSULTING LLC, Transamerica

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Administrative cost history3
2024$62,411 · 0.62%
2023$34,626 · 0.39%
2022$13,693 · 0.15%
Same employer
Similar plansManufacturing · Connecticut
Luvata Waterbury, Inc. CT$11.8M · 0.23%
The J. E. Shepard Company CT$11.4M · 0.11%
Acme Monaco Corporation CT$10.7M · 0.16%
C. Cowles & Company CT$10.2M · 0.33%
Talalay Global, Inc. CT$10.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060863890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.