Plan Ledger DOL Form 5500 · updated monthly

Comtech Telecommunications Corp.401(k)

COMTECH TELECOMMUNICATIONS CORP. 401(K) PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Comtech Telecommunications Corp. reported $9,497 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,173 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 1 year on file its reported administrative ratio fell from 0.02% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 309th-largest of 5,648 plans among New York employers on file, and the 763rd of 13,661 in manufacturing. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has shrunk from 1,364 to 1,156 since 2022.

Plan summary
Net assets, end of year$346,546,457
Participants with balances2,024
Active participants1,156
Employer contributions$4,823,857
Employee contributions$13,224,142
Employer contribution per active participant$4,173
Average account balance$171,219
Benefits paid to participants$36,458,655
Plan auditUnmodified (clean) audit opinion
AuditorPKF OCONNOR DAVIES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$346.5M · 2,024 accts · $4.8M emplr
2023$318.1M · 2,068 accts · $5.3M emplr
2022$293.4M · 2,244 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Investment management$27,500
Audit (IQPA)$14,490
Total administrative$9,497
The Comtech Telecommunications Corp. 401(k) match · 2024
Employer contribution per active participant$4,173
Median for plans this size$4,294
2024$4,173 per active participant
2023$4,799 per active participant
2022$3,621 per active participant

Comtech Telecommunications Corp.'s 2024 employer contribution ran below the $4,294 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 · 20243
STONE HILL FIDUCIARY MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$27,500
PKF O'CONNOR DAVIES, LLP · Accounting / audit$14,490
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$9,497 · 0.00%
2023$48,261 · 0.02%
2022Not separately reported
Same employer
Similar plansManufacturing · New York
Minerals Technologies Inc. NY$380.2M · 0.04%
Carl Zeiss, Inc. NY$360.6M · 0.01%
Astronics Corporation NY$325.3M · 0.09%
Veeco Instruments Inc. NY$317.2M · 0.05%
Toyota Tsusho America, Inc. NY$306.6M · 0.08%
Seneca Foods Corporation NY$297.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112139466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.