Plan Ledger DOL Form 5500 · updated monthly

Times Microwave Systems, Inc.401(k)

TIMES MICROWAVE SYSTEMS UNION 401(K) PLAN · WALLINGFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Times Microwave Systems, Inc. reported $10,981 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,079 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 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (842nd of 1,106), and 10,206th of 13,661 in manufacturing. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,945,126
Participants with balances144
Active participants134
Employer contributions$278,637
Employee contributions$374,330
Employer contribution per active participant$2,079
Average account balance$48,230
Benefits paid to participants$795,957
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 144 accts · $279K emplr
2023$6.4M · 134 accts · $244K emplr
2022$6.0M · 145 accts · $233K emplr
The Times Microwave Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,079
Median for plans this size$1,313
2024$2,079 per active participant
2023$1,888 per active participant
2022$1,664 per active participant

Times Microwave Systems, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$439
FIDELITY INVST INST OPER CO LLC · Loan processingindirect comp

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$10,981 · 0.16%
2023$13,830 · 0.22%
2022$9,162 · 0.14%
Similar plansManufacturing · Connecticut
Phenomebio, Inc. CT$7.3M · 0.55%
Seidel, Inc. CT$7.1M · 0.12%
The Rossi Group, LLC CT$6.8M · 0.72%
Midsun Group Inc CT$6.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010816035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.