Plan Ledger DOL Form 5500 · updated monthly

Transdigm Inc.401(k)

TRANSDIGM INC. 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Transdigm Inc. reported $483,976 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,872 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 0.043% to 0.036%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 39th-largest of 3,295 plans among Ohio employers on file, and the 233rd of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 7,331 to 9,035 since 2022.

Plan summary
Net assets, end of year$1,462,335,046
Participants with balances12,507
Active participants9,035
Employer contributions$34,979,296
Employee contributions$71,132,148
Employer contribution per active participant$3,872
Average account balance$116,921
Benefits paid to participants$161,275,861
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 12,507 accts · $35.0M emplr
2023$1.2B · 11,087 accts · $27.1M emplr
2022$1.1B · 10,621 accts · $24.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$464,286
Audit (IQPA)$19,690
Total administrative$483,976
The Transdigm Inc. 401(k) match · 2024
Employer contribution per active participant$3,872
Median for plans this size$5,259
2024$3,872 per active participant
2023$3,526 per active participant
2022$3,289 per active participant

Transdigm Inc.'s 2024 employer contribution ran below the $5,259 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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$464,286
KP LYNCH CPA · Accounting / audit$19,690
CHARLES SCHWAB & CO. INC. · Securities brokerage$464

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$483,976 · 0.04%
2023$358,890 · 0.03%
2022$517,937 · 0.04%
Same employer
Similar plansManufacturing · Ohio
The Lubrizol Corporation OH$1.5B · 0.05%
The J.M. Smucker Company OH$1.5B · 0.03%
The Timken Company OH$1.4B · 0.09%
Owens Corning OH$1.3B · 0.02%
Steris Corporation OH$1.3B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341750032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.