Plan Ledger DOL Form 5500 · updated monthly

Company 401(K) Plan401(k)

COMPANY 401(K) PLAN · MANCHESTER, NH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Company 401(K) Plan reported $16,251 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,169 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 0.01% to 0.04%. 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 the 95th-largest of 411 plans among New Hampshire employers on file, and the 3,814th of 13,661 in manufacturing. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,109,438
Participants with balances322
Active participants405
Employer contributions$473,567
Employee contributions$1,790,990
Employer contribution per active participant$1,169
Average account balance$118,352
Benefits paid to participants$4,060,216
Plan auditUnmodified (clean) audit opinion
AuditorNATHAN WECHSLER & CO. P. A
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 322 accts · $474K emplr
2023$35.7M · 317 accts · $432K emplr
2022$32.6M · 316 accts · $422K emplr
Administrative expenses, itemized · 2024
Investment management$34,058
Audit (IQPA)$15,850
Total administrative$16,251
The Company 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$1,169
Median for plans this size$2,416
2024$1,169 per active participant
2023$1,087 per active participant
2022$1,023 per active participant

Company 401(K) Plan'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 · 20243
GALLAGHER BENEFIT SERVICES, INC · Investment advisory (plan)$24,000
NATHAN WECHSLER AND COMPANY, P.A. · Accounting / audit$15,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$16,251 · 0.04%
2023$11,645 · 0.03%
2022$5,130 · 0.01%
Same employer
Similar plansManufacturing · New Hampshire
Elektrisola Incorporated NH$58.4M · 0.01%
Creare LLC NH$57.7M · 0.13%
Ferrotec USA Corporation NH$55.7M · 0.06%
Worthen Industries, Inc. NH$36.4M · 0.04%
Turbocam, Inc. NH$36.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020308210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.