Plan Ledger DOL Form 5500 · updated monthly

Tomra Ny Recycling, LLC401(k)

TOMRA NY RECYCLING, LLC UNION 294 401(K) SAVINGS AND PROFIT SH · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Tomra Ny Recycling, LLC reported $9,048 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $3,262 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. 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 (1,029th of 1,106), and 4,010th of 4,246 in wholesale trade. In 2024, the employer put in $2.22 for every $1.00 employees contributed themselves; active participation has grown from 60 to 80 since 2022.

Plan summary
Net assets, end of year$2,233,609
Participants with balances288
Active participants80
Employer contributions$260,977
Employee contributions$117,461
Employer contribution per active participant$3,262
Average account balance$7,756
Benefits paid to participants$333,847
Plan auditUnmodified (clean) audit opinion
AuditorCAPOSSELA COHEN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 288 accts · $261K emplr
2023$2.0M · 230 accts · $239K emplr
2022$1.8M · 173 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,000
Investment management$5,048
Total administrative$9,048
The Tomra Ny Recycling, LLC 401(k) match · 2024
Employer contribution per active participant$3,262
Median for plans this size$1,313
2024$3,262 per active participant
2023$3,460 per active participant
2022$8,451 per active participant

Tomra Ny Recycling, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
PROCYON ADVISORS, LLC · Recordkeeping · Trustee$5,048
ADP, INC. · Loan processing · Recordkeeping$3,999
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, PROCYON ADVISORS, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Tomra Ny Recycling, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,048 · 0.43%
2023$7,825 · 0.41%
2022$7,802 · 0.44%
Similar plansWholesale Trade · Connecticut
Xse Group, Inc. CT$3.9M · 0.23%
Coversafe Incorporated CT$3.9M · 0.64%
Lakin Tire East, Inc. CT$963K · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161532667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.