Plan Ledger DOL Form 5500 · updated monthly

Trantech Radiator Products, Inc.401(k)

TRANTECH RADIATOR PRODUCTS, INC. 401(K) PLAN · EDGEFIELD, SC · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Trantech Radiator Products, Inc. reported $4,821 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $704 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 0.05% to 0.07%. 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 South Carolina (515th of 807), and 10,224th of 13,661 in manufacturing. In 2023, employees put in $4.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,908,765
Participants with balances92
Active participants76
Employer contributions$53,482
Employee contributions$264,044
Employer contribution per active participant$704
Average account balance$75,095
Benefits paid to participants$1,044,190
Plan auditUnmodified (clean) audit opinion
AuditorSEROTTA, MADDOCKS & EVANS, CPA'S
Plan history2
Yearassets · accounts · employer contribution
2023$6.9M · 92 accts · $53K emplr
2022$6.6M · 105 accts · $49K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,821
Total administrative$4,821
The Trantech Radiator Products, Inc. 401(k) match · 2023
Employer contribution per active participant$704
Median for plans this size$1,308
2023$704 per active participant
2022$542 per active participant

Trantech Radiator Products, Inc.'s 2023 employer contribution ran below 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 · 20231
CAPITAL GROUP RETIREMENT PLAN SERVS$4,821

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$4,821 · 0.07%
2022$3,475 · 0.05%
Similar plansManufacturing · South Carolina
Paddle Acquisition Inc. SC$7.3M · 1.22%
Pci Group, Inc. SC$7.2M · 0.15%
Bericap Sc, LLC SC$6.1M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364343003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.