Employers › Transdigm
Recordkeeping fees per participant · Transdigm Inc. 401(k) Plan · plan year 2024
$37.12
Higher than 57% of the 790 plans over $1B that report it.
= $464,286 / 12,507
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015080154NAL0004296801001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080154NAL0004296801001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$38.70
Higher than 39% of the 1,045 plans over $1B that report it.
= $483,976 / 12,507
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015080154NAL0004296801001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080154NAL0004296801001, received 2025-10-15
Administrative expenses per participant
$38.70
Higher than 20% of the 1,076 plans over $1B that report it.
= $483,976 / 12,507
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080154NAL0004296801001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080154NAL0004296801001, received 2025-10-15
Administrative expenses as a share of assets
0.033%
Higher than 34% of the 1,076 plans over $1B that report it.
= $483,976 / $1,462,335,046
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080154NAL0004296801001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015080154NAL0004296801001, received 2025-10-15
Employer contributions per participant
$2,797
Higher than 34% of the 1,135 plans over $1B that report it.
= $34,979,296 / 12,507
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080154NAL0004296801001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080154NAL0004296801001, received 2025-10-15
Employer share of total contributions
23.8%
Higher than 18% of the 1,135 plans over $1B that report it.
= $34,979,296 / $147,273,937
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080154NAL0004296801001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015080154NAL0004296801001, received 2025-10-15
Plan terms are described in Transdigm Inc.'s SEC filings: Form 10-K filed 2005-11-30. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015080154NAL0004296801001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TRANSDIGM INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Plan name | TRANSDIGM INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Sponsor EIN / plan number | 34-1750032 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Industry (business code) | 335900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Participants, beginning of year | 12,117 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Active participants | 9,035 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Participants, end of year | 13,046 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Participants with an account balance | 12,507 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total assets, beginning of year | $1,242,330,549 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total assets, end of year | $1,462,335,046 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Net assets, end of year | $1,462,335,046 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total income | $323,147,765 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Net income | $160,998,475 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Employer contributions | $34,979,296 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Participant contributions | $71,132,148 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $41,162,493 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total contributions | $147,273,937 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Benefit payments | $161,275,861 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $162,149,290 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Total administrative expenses | $483,976 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Recordkeeping fees | $464,286 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| IQPA audit fees | $19,690 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Administrative expenses excluding investment management | $483,976 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Held in common/collective trusts | $680,903,615 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Held in mutual funds | $492,010,504 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015080154NAL0004296801001, received 2025-10-15 |
| Independent auditor | MEADEN & MOORE | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015080154NAL0004296801001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015080154NAL0004296801001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $464,286 | no |
| KP LYNCH CPA | NONE | 10 Accounting (including auditing) | $19,690 | no |
| CHARLES SCHWAB & CO. INC. | NONE | 33 Securities brokerage; 71 Securities brokerage commissions and fees; 50 Direct payment from the plan; 59 Shareholder servicing fees | $464 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015080154NAL0004296801001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,242,330,549 | $1,462,335,046 | 17.7% |
| Participants with a balance | 11,087 | 12,507 | 12.8% |
| Administrative expenses | $358,890 | $483,976 | 34.9% |
| Recordkeeping fees per participant | $29.21 | $37.12 | 27.1% |
| Employer contributions | $27,108,855 | $34,979,296 | 29.0% |
Prior filing 20241014121702NAL0044450432001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: TRANSDIGM INC.; SEC registrant: TRANSDIGM INC (CIK 1077670, matched by EIN).