Plan Ledger DOL Form 5500 · updated monthly

Trimech Acquisition Corp.401(k)

TRIMECH 401(K) PLAN · GLEN ALLEN, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Trimech Acquisition Corp. reported $35,457 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,379 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 fell from 0.16% to 0.15%. 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 826th-largest of 2,266 plans among Virginia employers on file, and the 4,980th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,089,506
Participants with balances356
Active participants366
Employer contributions$870,572
Employee contributions$1,815,689
Employer contribution per active participant$2,379
Average account balance$73,285
Benefits paid to participants$2,948,288
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 356 accts · $871K emplr
2023$22.7M · 342 accts · $944K emplr
2022$18.1M · 347 accts · $936K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,457
Total administrative$35,457
The Trimech Acquisition Corp. 401(k) match · 2024
Employer contribution per active participant$2,379
Median for plans this size$2,416
2024$2,379 per active participant
2023$3,017 per active participant
2022$2,631 per active participant

Trimech Acquisition Corp.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,457

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$35,457 · 0.15%
2023$28,711 · 0.14%
2022$27,410 · 0.16%
Same employer
Similar plansManufacturing · Virginia
Fairlead Integrated, LLC VA$29.4M · 0.39%
Amg, Inc. VA$27.2M
Bauer Compressors, Inc. VA$26.2M · 0.25%
Weidmuller, Inc. VA$26.2M · 0.33%
Virginia Panel Corporation VA$25.6M · 0.44%
Oceus Networks, LLC VA$24.9M · 0.03%
Starkist Co. VA$24.6M · 0.01%
Universal Fibers, Inc. VA$24.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844075281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.