Plan Ledger DOL Form 5500 · updated monthly

The Connecticut Spring & Stamping Corporation401(k)

CT SPRING & STAMPING CORPORATION 401(K) PROFIT SHARING PLAN · FARMINGTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Connecticut Spring & Stamping Corporation reported $28,526 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,404 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 0.29% to 0.10%. 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 428th-largest of 1,106 plans among Connecticut employers on file, and the 4,498th of 13,661 in manufacturing. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has shrunk from 405 to 361 since 2022.

Plan summary
Net assets, end of year$29,921,115
Participants with balances420
Active participants361
Employer contributions$506,935
Employee contributions$1,666,297
Employer contribution per active participant$1,404
Average account balance$71,241
Benefits paid to participants$2,613,290
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY SABOL AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 420 accts · $507K emplr
2023$26.5M · 428 accts · $564K emplr
2022$23.9M · 508 accts · $571K emplr
Administrative expenses, itemized · 2024
Investment management$11,007
Audit (IQPA)$17,519
Total administrative$28,526
The The Connecticut Spring & Stamping Corporation 401(k) match · 2024
Employer contribution per active participant$1,404
Median for plans this size$2,416
2024$1,404 per active participant
2023$1,625 per active participant
2022$1,410 per active participant

The Connecticut Spring & Stamping Corporation'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 · 20243
MAHONEY SABOL AND COMPANY LLC · Accounting / audit$19,875
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$11,007

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$28,526 · 0.10%
2023$26,752 · 0.11%
2022$74,728 · 0.29%
Same employer
Similar plansManufacturing · Connecticut
Beekley Corporation CT$31.7M · 0.23%
Aba-Pgt, Inc. CT$31.2M · 0.01%
Shelterlogic Corp. CT$29.0M · 0.28%
Hubbard-Hall, Inc. CT$28.2M · 0.23%
Proton Energy Systems, Inc. CT$28.0M · 0.06%
Light Sources, Inc. CT$28.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060305214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.