Plan Ledger DOL Form 5500 · updated monthly

Moroso Performance Products, Inc401(k)

MOROSO PERFORMANCE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · GUILFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Moroso Performance Products, Inc reported $3,149 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,334 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 0.05% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (765th of 1,106), and 8,970th of 13,661 in manufacturing. In 2023, employees put in $2.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,616,525
Participants with balances107
Active participants100
Employer contributions$133,389
Employee contributions$373,898
Employer contribution per active participant$1,334
Average account balance$89,874
Benefits paid to participants$362,766
Plan auditUnmodified (clean) audit opinion
AuditorNICOLA, YESTER & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 93 accts · $48K emplr
2023$9.6M · 107 accts · $133K emplr
2022$8.1M · 115 accts · $128K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,149
Total administrative$3,149
The Moroso Performance Products, Inc 401(k) match · 2023
Employer contribution per active participant$1,334
Median for plans this size$1,308
2024$522 per active participant
2023$1,334 per active participant
2022$1,263 per active participant

Moroso Performance Products, Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WILMINGTON TRUST, NATIONAL ASSOCIAT · Investment advisory (plan)$14,175
NEWPORT GROUP, INC. · Loan processing$6,952

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$21,364 · 0.22%
2023$3,149 · 0.04%
2022$4,726 · 0.05%
Similar plansManufacturing · Connecticut
Polymer Resources LTD CT$10.0M · 0.18%
Tomz Corporation CT$9.6M · 0.52%
Connecticut Coining, Inc. CT$9.5M · 0.42%
Altek Electronics, Inc. CT$9.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060850094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.