Plan Ledger DOL Form 5500 · updated monthly

Turbocombustor Technology, Inc.401(k)

PARADIGM PRECISION 401(K) RETIREMENT PLAN · MANCHESTER, CT · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Turbocombustor Technology, Inc. reported $115,426 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,633 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 1 year on file its reported administrative ratio fell from 0.20% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 255th-largest of 1,106 plans among Connecticut employers on file, and the 2,528th of 13,661 in manufacturing. In 2023, employees put in $3.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,734,163
Participants with balances799
Active participants669
Employer contributions$1,092,269
Employee contributions$4,075,696
Employer contribution per active participant$1,633
Average account balance$84,774
Benefits paid to participants$12,309,765
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $981K emplr
2023$67.7M · 799 accts · $1.1M emplr
2022$65.8M · 830 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$58,798
Investment management$42,278
Audit (IQPA)$14,350
Total administrative$115,426
The Turbocombustor Technology, Inc. 401(k) match · 2023
Employer contribution per active participant$1,633
Median for plans this size$3,659
2023$1,633 per active participant
2022$1,571 per active participant

Turbocombustor Technology, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$58,799
RESOURCES INVESTMENT ADVISORS, LLC · Investment advisory (plan)$42,278
UHY LLP · Accounting / audit$14,350

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

Administrative cost history3
2024Not separately reported
2023$115,426 · 0.17%
2022$149,942 · 0.20%
Same employer
Similar plansManufacturing · Connecticut
Ebm-Papst Inc. CT$71.4M · 0.00%
Cnc Software, Inc. CT$71.2M · 0.22%
Photronics, Inc. CT$70.0M · 0.07%
Winchester Interconnect CT$68.2M · 0.11%
Deringer-Ney Inc. CT$65.5M · 0.02%
Precision Resource Inc CT$62.1M · 0.13%
Pcx Aerostructures, LLC CT$61.8M · 0.16%
Sunny Delight Beverages Co. CT$61.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200482306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.