Plan Ledger DOL Form 5500 · updated monthly

New England Wire Technologies Corp.ESOP

NEW ENGLAND WIRE TECHNOLOGIES CORP. EMPLOYEE STOCK OWNERSHIP PLAN · LISBON, NH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

New England Wire Technologies Corp. reported $25 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,757 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 52nd-largest of 411 plans among New Hampshire employers on file, and the 2,380th of 13,661 in manufacturing. active participation has grown from 375 to 414 since 2022.

Plan summary
Net assets, end of year$73,422,377
Participants with balances482
Active participants414
Employer contributions$3,625,562
Employee contributions—
Employer contribution per active participant$8,757
Average account balance$152,329
Benefits paid to participants$8,852,473
Plan auditUnmodified (clean) audit opinion
AuditorHALLISEY & D'AGOSTINO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$73.4M · 482 accts · $3.6M emplr
2023$73.4M · 478 accts · $5.1M emplr
2022$55.8M · 465 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$25
Total administrative$25
Employer contributions to the New England Wire Technologies Corp. plan · 2024
Employer contribution per active participant$8,757
Median for plans this size$3,635
2024$8,757 per active participant
2023$12,864 per active participant
2022$11,301 per active participant

New England Wire Technologies Corp.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$25 · 0.00%
2023Not separately reported
2022Not separately reported
All plans at this employer2
NEW ENGLAND WIRE TECHNOLOGIES CORP. 401(K) PLAN401(k)
NEW ENGLAND WIRE TECHNOLOGIES CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · New Hampshire
Velcro USA Inc. NH$108.4M · 0.04%
Resonetics, LLC NH$60.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020171141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.