Plan Ledger DOL Form 5500 · updated monthly

Twincraft, Inc.401(k)

TWINCRAFT, INC. 401(K) RETIREMENT PLAN · WINOOSKI, VT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Twincraft, Inc. reported $15,450 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,535 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 0.08% to 0.13%. 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 among the smaller plans on file in Vermont (126th of 230), and 7,524th of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 262 to 318 since 2022.

Plan summary
Net assets, end of year$13,601,878
Participants with balances355
Active participants318
Employer contributions$806,144
Employee contributions$1,179,189
Employer contribution per active participant$2,535
Average account balance$38,315
Benefits paid to participants$683,736
Plan auditUnmodified (clean) audit opinion
AuditorBILODEAU WELLS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 355 accts · $806K emplr
2023$10.4M · 315 accts · $675K emplr
2022$8.3M · 329 accts · $718K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,150
Total administrative$15,450
The Twincraft, Inc. 401(k) match · 2024
Employer contribution per active participant$2,535
Median for plans this size$2,416
2024$2,535 per active participant
2023$3,080 per active participant
2022$2,742 per active participant

Twincraft, Inc.'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 · 20241
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp

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$15,450 · 0.13%
2023$7,250 · 0.08%
2022$6,650 · 0.08%
Same employer
Similar plansManufacturing · Vermont
Autumn Harp, Inc. VT$15.7M · 0.52%
Dynapower Company LLC VT$14.4M · 0.57%
Cabot Hosiery Mills, Inc. VT$14.2M · 0.13%
New England Woodcraft, Inc VT$13.9M · 0.02%
Onlogic, Inc. VT$13.3M · 0.50%
Champlain Chocolate Company VT$11.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030268014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.