Plan Ledger DOL Form 5500 · updated monthly

Teknor Apex Company401(k)

TEKNOR SAVINGS PLUS PLAN · PAWTUCKET, RI · plan year 2025

Reported admin expense ratio · 2025
0.17%

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

Teknor Apex Company reported $487,518 in plan administrative expenses for 2025: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,478 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 4 years on file its reported administrative ratio has held roughly steady near 0.170%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 21st-largest of 286 plans among Rhode Island employers on file, and the 851st of 13,661 in manufacturing. In 2025, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$299,948,443
Participants with balances1,978
Active participants1,681
Employer contributions$7,528,136
Employee contributions$12,290,653
Employer contribution per active participant$4,478
Average account balance$151,642
Benefits paid to participants$33,937,464
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$299.9M · 1,978 accts · $7.5M emplr
2024$273.4M · 1,964 accts · $7.2M emplr
2023$243.3M · 1,962 accts · $6.8M emplr
2022$209.2M · 1,988 accts · $6.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$294,484
Investment management$177,534
Audit (IQPA)$15,500
Total administrative$487,518
The Teknor Apex Company 401(k) match · 2025
Employer contribution per active participant$4,478
Median for plans this size$4,295
2025$4,478 per active participant
2024$4,258 per active participant
2023$4,115 per active participant
2022$3,503 per active participant

Teknor Apex Company's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$294,484
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$177,534
CBIZ CPAS P.C. · Investment advisory (plan)$15,500

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

Administrative cost history4
2025$487,518 · 0.17%
2024$445,868 · 0.17%
2023$369,882 · 0.16%
2022$400,003 · 0.17%
Same employer
Similar plansManufacturing · Rhode Island
Textron, Inc. RI$6.8B · 0.03%
Hasbro, Inc. RI$985.0M · 0.04%
Toray Plastics America, Inc. RI$396.9M · 0.12%
Taco, Inc. RI$107.6M · 0.10%
Technic, Inc. RI$73.5M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 050306609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.