Plan Ledger DOL Form 5500 · updated monthly

Transom Symphony Opco LLC401(k)

BEAUTY QUEST GROUP 401(K) PLAN · STAMFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Transom Symphony Opco LLC reported $44,163 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,517 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 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Connecticut (801st of 1,106), and 3,131st of 4,246 in wholesale trade. In 2023, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 221 to 184 since 2022.

Plan summary
Net assets, end of year$8,482,965
Participants with balances243
Active participants184
Employer contributions$647,161
Employee contributions$967,522
Employer contribution per active participant$3,517
Average account balance$34,909
Benefits paid to participants$1,014,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 249 accts · $301K emplr
2023$8.5M · 243 accts · $647K emplr
2022$6.7M · 262 accts · $628K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,562
Investment management$18,601
Total administrative$44,163
The Transom Symphony Opco LLC 401(k) match · 2023
Employer contribution per active participant$3,517
Median for plans this size$1,308
2024$1,691 per active participant
2023$3,517 per active participant
2022$2,842 per active participant

Transom Symphony Opco LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. 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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,562
ALLIANT RETIREMENT SERVICES · Investment advisory (plan)$17,464

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$49,786 · 0.59%
2023$44,163 · 0.58%
2022$46,286 · 0.62%
Same employer
Similar plansWholesale Trade · Connecticut
Slocum & Sons, Inc. CT$12.1M · 0.04%
Microcare, LLC CT$11.6M · 0.37%
TM3 Systems Inc CT$9.1M · 0.33%
Tri-Lift, Inc CT$7.9M · 0.19%
Mafcote, Inc. CT$6.8M · 0.00%
Caspari, Inc. CT$5.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834648164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.