Plan Ledger DOL Form 5500 · updated monthly

Trenton Technology, Inc.401(k)

TRENTON TECHNOLOGY 401(K) PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Trenton Technology, Inc. reported $47,688 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $679 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 0.43% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (3,463rd of 5,648), and 3,883rd of 4,798 in finance & insurance. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has shrunk from 300 to 249 since 2022.

Plan summary
Net assets, end of year$11,108,996
Participants with balances184
Active participants249
Employer contributions$168,967
Employee contributions$615,625
Employer contribution per active participant$679
Average account balance$60,375
Benefits paid to participants$698,367
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY BURKE & BROWN CPA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 184 accts · $169K emplr
2023$9.5M · 191 accts · $154K emplr
2022$8.1M · 191 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,568
Investment management$41,120
Total administrative$47,688
The Trenton Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$679
Median for plans this size$2,416
2024$679 per active participant
2023$589 per active participant
2022$554 per active participant

Trenton Technology, 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
ASCENT WEALTH PARTNERS, LLC · Recordkeeping · Trustee$41,120
ADP, INC. · Loan processing · Recordkeeping$6,568
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ASCENT WEALTH PARTNERS, LLC
2023ADP, ASCENT WEALTH PARTNERS, LLC

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Administrative cost history3
2024$47,688 · 0.46%
2023$37,577 · 0.43%
2022$37,604 · 0.43%
Same employer
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Centivo Corporation NY$11.5M · 0.57%
Servu Federal Credit Union NY$11.2M · 0.34%
Quontic Bank NY$11.1M · 0.13%
A-Cap, LLC NY$10.1M · 0.57%
State Bank of India NY$9.8M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161096522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.