Plan Ledger DOL Form 5500 · updated monthly

Transact Technologies Inc.401(k)

TRANSACT TECHNOLOGIES INCORPORATED RETIREMENT SAVINGS PLAN · HAMDEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Transact Technologies Inc. reported $49,575 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,604 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 489th-largest of 1,106 plans among Connecticut employers on file, and the 5,132nd of 13,661 in manufacturing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has shrunk from 122 to 101 since 2022.

Plan summary
Net assets, end of year$24,985,919
Participants with balances146
Active participants101
Employer contributions$364,027
Employee contributions$1,209,345
Employer contribution per active participant$3,604
Average account balance$171,136
Benefits paid to participants$1,758,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 146 accts · $364K emplr
2023$20.6M · 158 accts · $230K emplr
2022$17.8M · 162 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,017
Investment management$48,558
Total administrative$49,575
The Transact Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$3,604
Median for plans this size$2,416
2024$3,604 per active participant
2023$2,128 per active participant
2022$2,909 per active participant

Transact Technologies 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 · 20243
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$42,823
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,734
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,018

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$49,575 · 0.22%
2023$43,484 · 0.23%
2022$49,278 · 0.23%
Same employer
Similar plansManufacturing · Connecticut
Pta Corporation CT$25.9M · 0.07%
Hubbell Caribe Limited CT$25.4M · 0.17%
H & T Waterbury, LLC CT$25.4M · 0.27%
Electro-Methods, Inc. CT$24.4M · 0.54%
Mb Aerospace Holdings Inc. CT$23.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061456680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.