Plan Ledger DOL Form 5500 · updated monthly

Tomz Corporation401(k)

TOMZ CORPORATION 401K PROFIT SHARING PLAN · BERLIN, CT · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Tomz Corporation reported $45,263 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $1,721 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 1 year on file its reported administrative ratio rose from 0.42% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Connecticut (766th of 1,106), and 8,987th of 13,661 in manufacturing. In 2023, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,565,283
Participants with balances202
Active participants218
Employer contributions$375,081
Employee contributions$934,660
Employer contribution per active participant$1,721
Average account balance$47,353
Benefits paid to participants$1,768,132
Plan auditUnmodified (clean) audit opinion
AuditorWHITTELSEY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$9.6M · 202 accts · $375K emplr
2022$7.8M · 205 accts · $305K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,263
Total administrative$45,263
The Tomz Corporation 401(k) match · 2023
Employer contribution per active participant$1,721
Median for plans this size$1,308
2023$1,721 per active participant
2022$1,407 per active participant

Tomz Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PASI, LLC · Contract administrator$7,315
ENVESTNET RETIREMENT SOLUTIONS, LLC$1,561
RBC CAPITAL MARKETS LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$45,263 · 0.52%
2022$30,925 · 0.42%
Same employer
Similar plansManufacturing · Connecticut
Connecticut Coining, Inc. CT$9.5M · 0.42%
Altek Electronics, Inc. CT$9.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061253487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.