Plan Ledger DOL Form 5500 · updated monthly

Teco-Westinghouse Motor Company401(k)

TECO-WESTINGHOUSE MOTOR COMPANY 401(K) EMPLOYEE SAVINGS PLAN · ROUND ROCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Teco-Westinghouse Motor Company reported $84,370 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,045 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 0.20% to 0.18%. 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 1,086th-largest of 5,688 plans among Texas employers on file, and the 3,242nd of 13,661 in manufacturing. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,132,218
Participants with balances357
Active participants253
Employer contributions$770,322
Employee contributions$1,778,762
Employer contribution per active participant$3,045
Average account balance$134,824
Benefits paid to participants$6,033,102
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 357 accts · $770K emplr
2023$46.2M · 342 accts · $721K emplr
2022$41.8M · 335 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,356
Investment management$38,014
Total administrative$84,370
The Teco-Westinghouse Motor Company 401(k) match · 2024
Employer contribution per active participant$3,045
Median for plans this size$2,416
2024$3,045 per active participant
2023$2,741 per active participant
2022$2,458 per active participant

Teco-Westinghouse Motor Company'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,356
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$38,014

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$84,370 · 0.18%
2023$87,713 · 0.20%
2022$91,054 · 0.20%
Same employer
Similar plansManufacturing · Texas
Cosm Inc. TX$49.4M · 0.22%
Aer Manufacturing, L.P. TX$48.9M · 0.11%
X-Fab Texas, Inc. TX$48.5M · 0.19%
Sachem, Inc. TX$48.0M · 0.13%
Mission Pharmacal Company TX$47.4M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742482708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.