Plan Ledger DOL Form 5500 · updated monthly

Thermoforming Technology Group LLC401(k)

BROWN MACHINE GROUP 401(K) PLAN · BEAVERTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Thermoforming Technology Group LLC reported $92,775 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,055 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 0.14% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 575th-largest of 2,619 plans among Michigan employers on file, and the 3,074th of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,658,185
Participants with balances411
Active participants252
Employer contributions$517,782
Employee contributions$1,503,611
Employer contribution per active participant$2,055
Average account balance$106,224
Benefits paid to participants$5,297,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 411 accts · $518K emplr
2023$41.3M · 452 accts · $511K emplr
2022$37.3M · 459 accts · $497K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,775
Investment management$35,000
Total administrative$92,775
The Thermoforming Technology Group LLC 401(k) match · 2024
Employer contribution per active participant$2,055
Median for plans this size$2,416
2024$2,055 per active participant
2023$1,937 per active participant
2022$1,806 per active participant

Thermoforming Technology Group LLC'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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$57,775
INSTITUTIONAL INVESTMENT CONSULTING · Consulting$35,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$92,775 · 0.22%
2023$93,036 · 0.24%
2022$61,042 · 0.14%
Same employer
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Mars Advertising, Inc. MI$39.2M · 0.26%
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Source: U.S. Department of Labor, Form 5500 series, EIN 463926326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.