Plan Ledger DOL Form 5500 · updated monthly

Squadron Capital LLC401(k)

SQUADRON CAPITAL LLC 401(K) EMPLOYEE RETIREMENT PLAN · GRANBY, CT · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Squadron Capital LLC reported $165,815 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,791 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 0.32% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 460th-largest of 1,106 plans among Connecticut employers on file, and the 4,437th of 11,654 in professional & technical services. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 454 to 502 since 2022.

Plan summary
Net assets, end of year$27,487,865
Participants with balances606
Active participants502
Employer contributions$1,400,888
Employee contributions$2,450,141
Employer contribution per active participant$2,791
Average account balance$45,360
Benefits paid to participants$3,105,139
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 606 accts · $1.4M emplr
2023$23.0M · 593 accts · $1.4M emplr
2022$17.7M · 578 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,815
Investment management$60,000
Audit (IQPA)$31,000
Total administrative$165,815
The Squadron Capital LLC 401(k) match · 2024
Employer contribution per active participant$2,791
Median for plans this size$2,416
2024$2,791 per active participant
2023$2,961 per active participant
2022$3,299 per active participant

Squadron Capital LLC's 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$74,815
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$60,000
WARREN AVERETT LLC · Accounting / audit$31,000

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$165,815 · 0.66%
2023$75,228 · 0.37%
2022$60,486 · 0.32%
Similar plansProfessional & Technical Services · Connecticut
Sectra, Inc. CT$28.1M · 0.24%
Pelli Clarke & Partners CT$27.2M · 0.37%
Logicsource, Inc. CT$27.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262772125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.