Plan Ledger DOL Form 5500 · updated monthly

Defibtech, LLC401(k)

DEFIBTECH, LLC 401 (K) PROFIT SHARING PLAN · GUILFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Defibtech, LLC reported $67,792 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,452 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 fell from 0.53% to 0.47%. 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 (610th of 1,106), and the 6,802nd of 13,661 in manufacturing. In 2024, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,029,673
Participants with balances153
Active participants139
Employer contributions$340,845
Employee contributions$1,251,729
Employer contribution per active participant$2,452
Average account balance$104,769
Benefits paid to participants$1,028,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 153 accts · $341K emplr
2023$12.6M · 159 accts · $381K emplr
2022$9.2M · 146 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,502
Investment management$38,290
Total administrative$67,792
The Defibtech, LLC 401(k) match · 2024
Employer contribution per active participant$2,452
Median for plans this size$2,416
2024$2,452 per active participant
2023$2,608 per active participant
2022$2,394 per active participant

Defibtech, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,502
MORGAN STANLEY · Investment advisory (plan)$38,290

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,792 · 0.47%
2023$50,189 · 0.46%
2022$51,260 · 0.53%
Same employer
Similar plansManufacturing · Connecticut
Accutron, Inc. CT$16.8M · 0.38%
Arburg, Inc. CT$16.4M · 0.08%
Centrix, Inc. CT$16.0M · 0.56%
Alpha Q, Inc. CT$16.0M · 0.11%
Turbine Controls, Inc. CT$15.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223677021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.