Plan Ledger DOL Form 5500 · updated monthly

Symmons Industries, Inc.401(k)

SYMMONS INDUSTRIES, INC. 401(K) PLAN · BRAINTREE, MA · plan year 2024

Employer contribution per participant · 2024
$5,912

Symmons Industries, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $40,850,106 across 275 participant accounts, with employer contributions averaging $5,912 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year 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 813th-largest of 2,726 plans among Massachusetts employers on file, and the 3,619th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,850,106
Participants with balances275
Active participants215
Employer contributions$1,271,088
Employee contributions$1,902,358
Employer contribution per active participant$5,912
Average account balance$148,546
Benefits paid to participants$2,518,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 275 accts · $1.3M emplr
2023$35.0M · 277 accts · $1.2M emplr
2022$28.7M · 269 accts · $1.1M emplr
The Symmons Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$5,912
Median for plans this size$2,416
2024$5,912 per active participant
2023$5,323 per active participant
2022$5,224 per active participant

Symmons Industries, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$3,018 · 0.01%
2022$7,209 · 0.02%
Same employer
Similar plansManufacturing · Massachusetts
Exagrid Systems, Inc. MA$41.9M · 0.13%
Optos Inc. MA$41.7M · 0.11%
Mycronic MA$40.9M · 0.25%
Abcam, Inc. MA$40.8M · 0.63%
Aspen Aerogels, Inc. MA$40.7M · 0.36%
Environmental Systems, Inc. MA$39.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042469928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.