Plan Ledger DOL Form 5500 · updated monthly

Sperry Rail, Inc.401(k)

SPERRY RAIL, INC. SAVINGS & INVESTMENT PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Sperry Rail, Inc. reported $108,913 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,609 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 0.27% to 0.32%. 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 the 358th-largest of 1,106 plans among Connecticut employers on file, and the 3,851st of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,674,142
Participants with balances236
Active participants367
Employer contributions$590,603
Employee contributions$1,674,279
Employer contribution per active participant$1,609
Average account balance$159,636
Benefits paid to participants$1,966,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 236 accts · $591K emplr
2023$30.6M · 230 accts · $527K emplr
2022$24.7M · 249 accts · $572K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,977
Investment management$21,536
Audit (IQPA)$26,400
Total administrative$108,913
The Sperry Rail, Inc. 401(k) match · 2024
Employer contribution per active participant$1,609
Median for plans this size$2,416
2024$1,609 per active participant
2023$1,455 per active participant
2022$1,703 per active participant

Sperry Rail, Inc.'s 2024 employer contribution ran below 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$60,977
CLIFTONLARSONALLEN LLP · Accounting / audit$26,400
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$21,536
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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$108,913 · 0.32%
2023$86,939 · 0.31%
2022$76,142 · 0.27%
Same employer
Similar plansManufacturing · Connecticut
Inline Plastics Corp. CT$39.6M · 0.36%
Hobson & Motzer, Inc. CT$38.9M · 0.30%
Penco Corporation CT$35.5M · 0.02%
Bedoukian Research, Inc. CT$34.6M · 0.35%
Dur-A-Flex, Inc CT$33.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060917470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.