Plan Ledger DOL Form 5500 · updated monthly

TM3 Systems Inc401(k)

TM3 SYSTEMS INC 401(K) PROFIT SHARING PLAN & TRUST · TRUMBULL, CT · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

TM3 Systems Inc reported $29,411 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,807 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 0.30% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Connecticut (782nd of 1,106), and 3,040th of 4,246 in wholesale trade. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 226 to 167 since 2022.

Plan summary
Net assets, end of year$9,102,345
Participants with balances245
Active participants167
Employer contributions$301,768
Employee contributions$662,992
Employer contribution per active participant$1,807
Average account balance$37,152
Benefits paid to participants$1,509,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 245 accts · $302K emplr
2023$8.6M · 266 accts · $328K emplr
2022$6.9M · 265 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,092
Investment management$17,459
Trustee / custodial$860
Total administrative$29,411
The TM3 Systems Inc 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$1,313
2024$1,807 per active participant
2023$1,451 per active participant
2022$1,274 per active participant

TM3 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
EXCEL WEALTH MANAGEMENT, LLC · Investment advisory (participants)$17,459
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,560

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$29,411 · 0.33%
2023$28,138 · 0.36%
2022$22,626 · 0.30%
Similar plansWholesale Trade · Connecticut
Breitling USA, Inc. CT$16.3M · 0.39%
Slocum & Sons, Inc. CT$12.1M · 0.04%
Microcare, LLC CT$11.6M · 0.37%
Transom Symphony Opco LLC CT$8.5M · 0.58%
Tri-Lift, Inc CT$7.9M · 0.19%
Mafcote, Inc. CT$6.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461475355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.