Plan Ledger DOL Form 5500 · updated monthly

Thermal Tech Engineering, Inc.401(k)

THERMAL TECH ENGINEERING, INC. PROFIT SHARING / SAVINGS RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Thermal Tech Engineering, Inc. reported $75,764 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $20,055 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 rose from 0.07% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 601st-largest of 3,295 plans among Ohio employers on file, and the 2,516th of 11,654 in professional & technical services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 166 to 186 since 2022.

Plan summary
Net assets, end of year$56,010,306
Participants with balances208
Active participants186
Employer contributions$3,730,186
Employee contributions$2,887,294
Employer contribution per active participant$20,055
Average account balance$269,280
Benefits paid to participants$3,536,024
Plan auditUnmodified (clean) audit opinion
AuditorBRINK, KEY CHLUDZINSKI P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$56.0M · 208 accts · $3.7M emplr
2023$46.2M · 202 accts · $3.1M emplr
2022$35.2M · 183 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,420
Investment management$70,344
Total administrative$75,764
The Thermal Tech Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$20,055
Median for plans this size$3,635
2024$20,055 per active participant
2023$17,442 per active participant
2022$17,175 per active participant

Thermal Tech Engineering, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
GREENLEAF TRUST · Recordkeeping · Trustee$75,764

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

Recordkeeper by year2
2024GREENLEAF TRUST
2023GREENLEAF TRUST

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Administrative cost history3
2024$75,764 · 0.15%
2023$62,739 · 0.15%
2022$27,836 · 0.07%
Similar plansProfessional & Technical Services · Ohio
Velosio, LLC OH$57.6M · 0.19%
Sei-Services LLC OH$53.3M · 0.28%
Gbq Holdings, LLC OH$53.0M · 0.01%
Brouse McDowell, OH$52.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310994615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.