Plan Ledger DOL Form 5500 · updated monthly

Itt Industries Holdings, Inc401(k) + ESOP (KSOP)

ITT RETIREMENT SAVINGS PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Itt Industries Holdings, Inc reported $934,443 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,235 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.

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 43rd-largest of 1,106 plans among Connecticut employers on file, and the 496th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$601,037,728
Participants with balances3,728
Active participants2,459
Employer contributions$17,789,982
Employee contributions$25,797,469
Employer contribution per active participant$7,235
Average account balance$161,223
Benefits paid to participants$70,037,299
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$423,040
Investment management$471,903
Audit (IQPA)$48,800
Total administrative$934,443
The Itt Industries Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$7,235
Median for plans this size$4,294

Itt Industries Holdings, Inc's 2024 employer contribution ran above 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$356,277
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$103,125
CROWE LLP · Accounting / audit$48,800
MERCER (US) INC MERCER INVESTMENTS · Investment advisory (plan)$12,500

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

Administrative cost history1
2024$934,443 · 0.16%
All plans at this employer2
ITT RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
ITT RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Connecticut
Terex Corporation CT$757.7M · 0.11%
Legrand Holding, Inc. CT$722.2M · 0.08%
Ahlstrom USA Inc. CT$550.8M · 0.06%
Hexcel Corporation CT$527.0M · 0.03%
Otis Worldwide Corporation CT$475.4M · 0.16%
Bluetriton Brands, Inc. CT$469.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341990908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.