Plan Ledger DOL Form 5500 · updated monthly

Armada Partners LP401(k)

ARMADA RETIREMENT SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Armada Partners LP reported $135,239 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,901 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 fell from 0.18% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 507th-largest of 3,651 plans among Pennsylvania employers on file, and the 258th of 2,677 in transportation & warehousing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 576 to 879 since 2022.

Plan summary
Net assets, end of year$90,726,119
Participants with balances988
Active participants879
Employer contributions$3,429,071
Employee contributions$5,782,353
Employer contribution per active participant$3,901
Average account balance$91,828
Benefits paid to participants$6,431,783
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.7M · 988 accts · $3.4M emplr
2023$76.1M · 730 accts · $2.2M emplr
2022$51.2M · 684 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,122
Investment management$34,117
Total administrative$135,239
The Armada Partners LP 401(k) match · 2024
Employer contribution per active participant$3,901
Median for plans this size$3,635
2024$3,901 per active participant
2023$3,554 per active participant
2022$3,422 per active participant

Armada Partners LP's 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$101,122
MERCER INVESTMENTS LLC · Investment advisory (plan)$31,500

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$135,239 · 0.16%
2023$107,127 · 0.17%
2022$102,357 · 0.18%
Similar plansTransportation & Warehousing · Pennsylvania
Pilot Air Freight, LLC PA$88.0M · 0.85%
Tait, LLC PA$74.9M · 0.18%
Kane Warehousing, Inc. PA$56.5M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271516307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.