Plan Ledger DOL Form 5500 · updated monthly

Matheson Tri-Gas, Inc.401(k)

MATHESON TRI-GAS, INC. SAVINGS PLAN · WARREN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Matheson Tri-Gas, Inc. reported $542,380 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $4,216 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 0.13% to 0.12%. 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 129th-largest of 2,419 plans among New Jersey employers on file, and the 616th of 13,661 in manufacturing. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$454,646,359
Participants with balances5,793
Active participants4,755
Employer contributions$20,045,705
Employee contributions$22,421,212
Employer contribution per active participant$4,216
Average account balance$78,482
Benefits paid to participants$50,033,611
Plan auditUnmodified (clean) audit opinion
AuditorMEISEL, TUTEUR & LEWIS, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$454.6M · 5,793 accts · $20.0M emplr
2023$413.2M · 5,714 accts · $18.6M emplr
2022$359.3M · 5,543 accts · $17.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$542,380
Total administrative$542,380
The Matheson Tri-Gas, Inc. 401(k) match · 2024
Employer contribution per active participant$4,216
Median for plans this size$4,294
2024$4,216 per active participant
2023$3,947 per active participant
2022$3,780 per active participant

Matheson Tri-Gas, Inc.'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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$542,280

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$542,380 · 0.12%
2023$526,908 · 0.14%
2022$510,275 · 0.13%
Same employer
Similar plansManufacturing · New Jersey
Sika Corporation NJ$535.8M · 0.06%
Firmenich Incorporated NJ$514.5M · 0.06%
Lg Electronics USA, Inc. NJ$450.4M · 0.14%
Benjamin Moore & Co. NJ$438.3M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742460354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.