Plan Ledger DOL Form 5500 · updated monthly

Spirol International Corporation401(k)

SPIROL 401(K) SAVINGS/RETIREMENT PLAN · DANIELSON, CT · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Spirol International Corporation reported $4,591 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $648 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 0.02% to 0.01%. 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 384th-largest of 1,106 plans among Connecticut employers on file, and the 4,054th of 13,661 in manufacturing. In 2024, employees put in $7.45 for every $1.00 the employer contributed; active participation has grown from 279 to 307 since 2022.

Plan summary
Net assets, end of year$34,564,948
Participants with balances567
Active participants307
Employer contributions$199,042
Employee contributions$1,483,338
Employer contribution per active participant$648
Average account balance$60,961
Benefits paid to participants$1,122,791
Plan auditUnmodified (clean) audit opinion
AuditorDISANTO, PRIEST & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 567 accts · $199K emplr
2023$29.1M · 546 accts · $175K emplr
2022$21.3M · 529 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,013
Investment management$578
Total administrative$4,591
The Spirol International Corporation 401(k) match · 2024
Employer contribution per active participant$648
Median for plans this size$2,416
2024$648 per active participant
2023$614 per active participant
2022$595 per active participant

Spirol International Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,591

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$4,591 · 0.01%
2023$3,127 · 0.01%
2022$3,456 · 0.02%
All plans at this employer2
SPIROL INTERNATIONAL HOLDING CORP ESOP & MPP PLANESOP
SPIROL 401(K) SAVINGS/RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Connecticut
Sperry Rail, Inc. CT$37.7M · 0.32%
Penco Corporation CT$35.5M · 0.02%
Bedoukian Research, Inc. CT$34.6M · 0.35%
Dur-A-Flex, Inc CT$33.4M · 0.00%
Oem Controls, Inc. CT$32.5M · 0.26%
Mossberg Corporation CT$32.0M · 0.05%
Beekley Corporation CT$31.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061043003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.