Plan Ledger DOL Form 5500 · updated monthly

Therm-Omega-Tech, Inc.401(k)

THERM-OMEGA-TECH, INC. 401(K) PLAN · WARMINSTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Therm-Omega-Tech, Inc. reported $3,371 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,258 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 1 year on file its reported administrative ratio fell from 0.08% to 0.03%. 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 among the smaller plans on file in Pennsylvania (1,966th of 3,651), and 7,496th of 13,661 in manufacturing. In 2024, the employer put in $2.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,680,604
Participants with balances203
Active participants155
Employer contributions$1,125,033
Employee contributions$546,676
Employer contribution per active participant$7,258
Average account balance$67,392
Benefits paid to participants$639,197
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.7M · 203 accts · $1.1M emplr
2023$11.2M · 194 accts · $787K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,371
Total administrative$3,371
The Therm-Omega-Tech, Inc. 401(k) match · 2024
Employer contribution per active participant$7,258
Median for plans this size$2,416
2024$7,258 per active participant
2023$6,399 per active participant

Therm-Omega-Tech, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
RAYMOND JAMES FINANCIAL INC. · Investment advisory (plan)$11,506
LIMESTONE PENSION ASSOCIATES, LLC · Contract administrator$5,509

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

Administrative cost history2
2024$3,371 · 0.03%
2023$7,945 · 0.08%
Same employer
Similar plansManufacturing · Pennsylvania
Lee Industries, Inc. PA$13.8M · 0.32%
Vista Metals, Inc. PA$13.8M · 0.20%
Rosenberger USA Corp PA$13.7M · 0.58%
Hall Industries, Inc. PA$13.6M · 0.59%
Amg Vanadium LLC PA$13.5M · 0.14%
Flexible Circuits, Inc. PA$13.4M · 0.02%
Tpc US Parent, LLC PA$13.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232281908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.