Plan Ledger DOL Form 5500 · updated monthly

Terratron, Inc.401(k)

TERRATRON, INC. 401(K) PLAN · PARK CITY, UT · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Terratron, Inc. reported $14,927 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $587 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Utah (722nd of 848), and 1,837th of 2,534 in administrative & support services. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,538,422
Participants with balances72
Active participants188
Employer contributions$110,264
Employee contributions$259,845
Employer contribution per active participant$587
Average account balance$35,256
Benefits paid to participants$109,024
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & COMPANY
The Terratron, Inc. 401(k) match · 2022
Employer contribution per active participant$587
Median for plans this size$1,114

Terratron, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$14,927 · 0.56%
Similar plansAdministrative & Support Services · Utah
Peczuh Printing Company UT$4.0M · 0.04%
Greenix Holdings, LLC UT$3.3M · 1.14%
Fox Marketing, Inc. UT$2.1M · 0.39%
Hawx Services LLC UT$2.1M · 2.10%
Plusone Company UT$2.0M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870447662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.