Plan Ledger DOL Form 5500 · updated monthly

Tomra Sorting, Inc.401(k)

TOMRA SORTING, INC. 401(K) PROFIT SHARING PLAN · WEST SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Tomra Sorting, Inc. reported $4,138 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,754 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 0.06% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,729th-largest of 9,483 plans among California employers on file, and the 5,693rd of 11,654 in professional & technical services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,272,948
Participants with balances220
Active participants161
Employer contributions$604,316
Employee contributions$1,130,901
Employer contribution per active participant$3,754
Average account balance$87,604
Benefits paid to participants$875,424
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 220 accts · $604K emplr
2023$15.9M · 214 accts · $583K emplr
2022$13.1M · 203 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,138
Total administrative$4,138
The Tomra Sorting, Inc. 401(k) match · 2024
Employer contribution per active participant$3,754
Median for plans this size$2,416
2024$3,754 per active participant
2023$3,314 per active participant
2022$3,012 per active participant

Tomra Sorting, Inc.'s 2024 employer contribution ran above 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,858

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$4,138 · 0.02%
2023$2,973 · 0.02%
2022$7,848 · 0.06%
Same employer
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Gafcon, Inc. CA$19.3M · 0.01%
Hackerone Inc. CA$19.3M · 0.07%
Arsenal Biosciences Inc. CA$19.2M · 0.08%
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McCarthy & Holthus, LLP CA$19.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841537987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.