Plan Ledger DOL Form 5500 · updated monthly

Transpak, Inc.DC plan

TRANSPAK 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Transpak, Inc. reported $59,645 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,203 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 rose from 0.17% to 0.29%. 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 3,258th-largest of 9,483 plans among California employers on file, and the 5,369th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 936 to 1,044 since 2022.

Plan summary
Net assets, end of year$23,367,956
Participants with balances404
Active participants1,044
Employer contributions$1,256,167
Employee contributions$2,659,913
Employer contribution per active participant$1,203
Average account balance$57,841
Benefits paid to participants$1,220,386
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 404 accts · $1.3M emplr
2023$18.0M · 433 accts · $884K emplr
2022$13.9M · 327 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,270
Investment management$46,375
Total administrative$59,645
Employer contributions to the Transpak, Inc. plan · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$899 per active participant
2022$866 per active participant

Transpak, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$34,677
EMPOWER ADVISORY GROUP, LLC · Investment management$11,698

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$59,645 · 0.29%
2023$45,312 · 0.28%
2022$24,040 · 0.17%
Same employer
Similar plansManufacturing · California
Robinson Pharma Inc. CA$23.5M · 0.34%
Bogle Vineyards Inc CA$23.5M · 0.05%
Plasma Technology, Inc. CA$23.5M · 0.01%
Tecan Systems, Inc. CA$23.4M · 0.37%
Nordic Naturals CA$23.3M · 0.09%
Mass Precision, Inc. CA$23.2M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941711977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.