Plan Ledger DOL Form 5500 · updated monthly

Triton Systems , Inc.401(k)

TRITON SYSTEMS, INC. SAVINGS PLAN · CHELMSFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Triton Systems , Inc. reported $97,755 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,571 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 3 years on file its reported administrative ratio has held roughly steady near 0.462%. 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 1,173rd-largest of 2,726 plans among Massachusetts employers on file, and the 5,342nd of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has shrunk from 190 to 129 since 2022.

Plan summary
Net assets, end of year$23,550,707
Participants with balances207
Active participants129
Employer contributions$589,686
Employee contributions$1,309,401
Employer contribution per active participant$4,571
Average account balance$113,772
Benefits paid to participants$719,562
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRAY AND GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 207 accts · $590K emplr
2023$18.8M · 199 accts · $584K emplr
2022$15.2M · 178 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,755
Total administrative$97,755
The Triton Systems , Inc. 401(k) match · 2024
Employer contribution per active participant$4,571
Median for plans this size$2,416
2024$4,571 per active participant
2023$4,864 per active participant
2022$1,873 per active participant

Triton Systems , Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$42,544

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$97,755 · 0.46%
2023$79,827 · 0.47%
2022$76,457 · 0.46%
Similar plansManufacturing · Massachusetts
Candlewick Press, Inc. MA$23.9M · 0.45%
Replimune Inc MA$23.6M · 0.69%
Brox Industries, Inc. MA$23.4M · 0.27%
American Biltrite Inc. MA$23.1M · 0.02%
The Entwistle Company MA$22.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043157697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.