Plan Ledger DOL Form 5500 · updated monthly

Titanium Industries, Inc.401(k)

TITANIUM INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · ROCKAWAY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Titanium Industries, Inc. reported $72,181 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,415 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 0.34% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,096th-largest of 2,419 plans among New Jersey employers on file, and the 1,958th of 4,246 in wholesale trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 156 to 172 since 2022.

Plan summary
Net assets, end of year$19,281,071
Participants with balances183
Active participants172
Employer contributions$415,409
Employee contributions$791,179
Employer contribution per active participant$2,415
Average account balance$105,361
Benefits paid to participants$883,095
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 183 accts · $415K emplr
2023$16.5M · 190 accts · $370K emplr
2022$13.7M · 156 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,181
Total administrative$72,181
The Titanium Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,415
Median for plans this size$2,416
2024$2,415 per active participant
2023$1,928 per active participant
2022$1,870 per active participant

Titanium Industries, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,181
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect 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$72,181 · 0.40%
2023$57,518 · 0.38%
2022$53,875 · 0.34%
Similar plansWholesale Trade · New Jersey
Jesco, Inc. NJ$20.8M · 0.55%
Rvl Pharmaceuticals, Inc. NJ$19.6M · 0.14%
A.J. Jersey, Inc. NJ$19.2M · 0.58%
Coda Resources LTD NJ$18.4M · 0.44%
Fortune Metal Group Inc. NJ$17.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223832645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.