Plan Ledger DOL Form 5500 · updated monthly

Tomra of North America, Inc.401(k)

TOMRA OF NORTH AMERICA, INC. 401K SVGS & PROFIT SHARING PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Tomra of North America, Inc. reported $90,461 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,576 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 fell from 0.32% to 0.28%. 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 380th-largest of 1,106 plans among Connecticut employers on file, and the 1,173rd of 4,246 in wholesale trade. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,681,924
Participants with balances345
Active participants423
Employer contributions$666,532
Employee contributions$1,908,588
Employer contribution per active participant$1,576
Average account balance$100,527
Benefits paid to participants$2,918,300
Plan auditUnmodified (clean) audit opinion
AuditorCAPOSSELA COHEN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 345 accts · $667K emplr
2023$31.0M · 363 accts · $715K emplr
2022$25.8M · 365 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,427
Investment management$50,034
Total administrative$90,461
The Tomra of North America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,576
Median for plans this size$2,416
2024$1,576 per active participant
2023$1,566 per active participant
2022$1,495 per active participant

Tomra of North America, 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 · 20243
PROCYON ADVISORS, LLC · Recordkeeping · Trustee$50,034
ADP, INC. · Loan processing · Recordkeeping$40,426
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, PROCYON ADVISORS, LLC

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Administrative cost history3
2024$90,461 · 0.28%
2023$88,776 · 0.31%
2022$89,584 · 0.32%
Same employer
Similar plansWholesale Trade · Connecticut
Melissa & Doug, LLC CT$38.4M · 0.21%
Victorinox Swiss Army, Inc. CT$37.7M · 0.06%
Star Distributors, Inc. CT$36.7M · 0.47%
Nefco Holding Company LLC CT$34.1M · 0.13%
Osterman & Company, Inc. CT$33.7M · 0.00%
Southern Auto Sales, Inc. CT$32.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061362037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.