Plan Ledger DOL Form 5500 · updated monthly

Telaid Industries, Inc.401(k)

TELAID 401(K) PLAN · NIANTIC, CT · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Telaid Industries, Inc. reported $36,065 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,430 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 0.22% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 551st-largest of 1,106 plans among Connecticut employers on file, and the 1,013th of 2,199 in information & media. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 377 to 466 since 2022.

Plan summary
Net assets, end of year$20,565,934
Participants with balances557
Active participants466
Employer contributions$666,171
Employee contributions$1,955,208
Employer contribution per active participant$1,430
Average account balance$36,923
Benefits paid to participants$877,462
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 557 accts · $666K emplr
2023$16.2M · 496 accts · $535K emplr
2022$14.5M · 479 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,065
Total administrative$36,065
The Telaid Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,430
Median for plans this size$2,416
2024$1,430 per active participant
2023$1,252 per active participant
2022$1,054 per active participant

Telaid Industries, Inc.'s 2024 employer contribution ran below 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 · 20244
PENSION CONSULTANTS, INC$7,500
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$4,690
USI ADVISORS,INCindirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)indirect 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
2024$36,065 · 0.20%
2023$34,041 · 0.22%
2022$34,570 · 0.22%
Same employer
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The Taunton Press, Inc. CT$30.6M · 0.19%
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Penny Publications, LLC CT$20.7M · 0.08%
Broadcastmed, Inc. CT$16.1M · 0.65%
The Day Publishing Company CT$15.9M · 0.07%
Toluna USA, Inc CT$15.4M · 0.02%
American Republican, Inc. CT$15.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061096415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.