Plan Ledger DOL Form 5500 · updated monthly

Trident Precision Manufacturing Inc.401(k)

TRIDENT PRECISION MANUFACTURING, INC. RETIREMENT SAVINGS PLAN · WEBSTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Trident Precision Manufacturing Inc. reported $29,119 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $460 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 0.16% to 0.28%. 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 among the smaller plans on file in New York (3,439th of 5,648), and 8,266th of 13,661 in manufacturing. In 2024, employees put in $8.27 for every $1.00 the employer contributed; active participation has grown from 90 to 104 since 2022.

Plan summary
Net assets, end of year$11,256,825
Participants with balances90
Active participants104
Employer contributions$47,852
Employee contributions$395,867
Employer contribution per active participant$460
Average account balance$125,076
Benefits paid to participants$254,005
Plan auditUnmodified (clean) audit opinion
AuditorSARDONE, ROBINSON & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 90 accts · $48K emplr
2023$9.9M · 82 accts · $41K emplr
2022$9.0M · 84 accts · $42K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,119
Total administrative$29,119
The Trident Precision Manufacturing Inc. 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$2,416
2024$460 per active participant
2023$440 per active participant
2022$472 per active participant

Trident Precision Manufacturing 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,119
AMERICAN PORTFOLIOS FINANCIAL SERVI · Other servicesindirect comp

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$29,119 · 0.28%
2023$14,937 · 0.16%
2022$16,123 · 0.16%
Similar plansManufacturing · New York
Varflex Corporation NY$11.5M · 0.04%
Kinplex Corporation NY$11.3M · 0.35%
Caf USA, Inc. NY$11.2M · 0.31%
Ascent Pharmaceuticals Inc. NY$11.1M · 0.08%
Syntec Technologies, Inc. NY$11.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161154981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.