Plan Ledger DOL Form 5500 · updated monthly

Turbocam, Inc.401(k)

TURBOCAM, INC. 401(K) RETIREMENT PLAN · BARRINGTON, NH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Turbocam, Inc. reported $138,244 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.41%. 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 103rd-largest of 411 plans among New Hampshire employers on file, and the 3,955th of 13,661 in manufacturing. active participation has grown from 489 to 559 since 2022.

Plan summary
Net assets, end of year$35,983,220
Participants with balances633
Active participants559
Employer contributions$0
Employee contributions$2,163,319
Employer contribution per active participant$0
Average account balance$56,846
Benefits paid to participants$3,141,288
Plan auditUnmodified (clean) audit opinion
AuditorLEONE, MCDONNELL & ROBERTS, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$36.0M · 633 accts
2023$31.5M · 788 accts · $1.3M emplr
2022$27.1M · 746 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,244
Total administrative$138,244
The Turbocam, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$2,403 per active participant
2022$2,667 per active participant

Turbocam, 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 · 20245
LPL FINANCIAL · Investment advisory (plan)$18,000
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$12,500
EMPOWER ADVISORY GROUP, LLC · Investment management$10,122
COMPASS 360 · Contract administrator$6,075

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$138,244 · 0.41%
2023$120,992 · 0.41%
2022$120,562 · 0.42%
Same employer
Similar plansManufacturing · New Hampshire
Ferrotec USA Corporation NH$55.7M · 0.06%
Company 401(K) Plan NH$38.1M · 0.04%
Worthen Industries, Inc. NH$36.4M · 0.04%
Verico Technology LLC NH$32.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020408840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.