Plan Ledger DOL Form 5500 · updated monthly

Technogym USA Corp401(k)

TECHNOGYM RELATED COMPANIES 401(K) PLAN · FAIRFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Technogym USA Corp reported $13,966 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,600 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 0.05% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,651st of 2,419), and 3,188th of 4,246 in wholesale trade. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 136 to 160 since 2022.

Plan summary
Net assets, end of year$8,165,174
Participants with balances169
Active participants160
Employer contributions$416,021
Employee contributions$841,211
Employer contribution per active participant$2,600
Average account balance$48,315
Benefits paid to participants$1,050,044
Plan auditUnmodified (clean) audit opinion
AuditorGERSON, PRESTON, KLEIN, LIPS, EISEN
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 169 accts · $416K emplr
2023$7.0M · 171 accts · $525K emplr
2022$5.1M · 148 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,874
Investment management$92
Total administrative$13,966
The Technogym USA Corp 401(k) match · 2024
Employer contribution per active participant$2,600
Median for plans this size$1,313
2024$2,600 per active participant
2023$3,407 per active participant
2022$1,814 per active participant

Technogym USA Corp's 2024 employer contribution ran above the $1,313 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,874

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$13,966 · 0.18%
2023$2,395 · 0.04%
2022$2,539 · 0.05%
Same employer
Similar plansWholesale Trade · New Jersey
Charmant USA Inc. NJ$8.3M · 0.34%
Grand Bk Corporation NJ$8.2M · 1.19%
Genpro, Inc. NJ$8.1M · 0.91%
Lynnes Nissan City Inc. NJ$8.1M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 912031278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.