Plan Ledger DOL Form 5500 · updated monthly

Twin Rivers Technologies401(k)

TWIN RIVERS TECHNOLOGIES PLAN · QUINCY, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Twin Rivers Technologies reported $8,628 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,088 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 0.017% to 0.019%. 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 707th-largest of 2,726 plans among Massachusetts employers on file, and the 3,177th of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 113 to 133 since 2022.

Plan summary
Net assets, end of year$49,459,032
Participants with balances193
Active participants133
Employer contributions$543,695
Employee contributions$1,319,138
Employer contribution per active participant$4,088
Average account balance$256,264
Benefits paid to participants$6,045,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 193 accts · $544K emplr
2023$43.8M · 182 accts · $537K emplr
2022$36.7M · 161 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,900
Investment management$5,728
Total administrative$8,628
The Twin Rivers Technologies 401(k) match · 2024
Employer contribution per active participant$4,088
Median for plans this size$2,416
2024$4,088 per active participant
2023$4,401 per active participant
2022$4,406 per active participant

Twin Rivers Technologies's 2024 employer contribution ran above 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,728
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,900

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$8,628 · 0.02%
2023$9,087 · 0.02%
2022$7,663 · 0.02%
Similar plansManufacturing · Massachusetts
Agenus Inc. MA$52.7M · 0.03%
Chase Corporation MA$52.3M · 0.25%
Harvard Bioscience, Inc. MA$49.7M · 0.07%
Kettle Cuisine, LLC MA$49.3M · 0.51%
Affinity Group, Inc. MA$49.2M · 0.11%
Sekisui America Corporation MA$48.1M · 0.25%
Icp Construction Inc. MA$46.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260843076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.