Plan Ledger DOL Form 5500 · updated monthly

P&A Administrative Services, Inc.401(k)

P&A ADMINISTRATIVE SERVICES, INC. 401(K) PLAN · WILLIAMSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

P&A Administrative Services, Inc. reported $6,150 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $797 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 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,704th of 5,648), and 8,205th of 11,654 in professional & technical services. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 195 to 223 since 2022.

Plan summary
Net assets, end of year$9,335,317
Participants with balances136
Active participants223
Employer contributions$177,626
Employee contributions$533,337
Employer contribution per active participant$797
Average account balance$68,642
Benefits paid to participants$895,396
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU, TRAVIS, BESAW & KERSHNER
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 136 accts · $178K emplr
2023$8.3M · 137 accts · $162K emplr
2022$7.6M · 138 accts · $152K emplr
Administrative expenses, itemized · 2024
Investment management$6,150
Total administrative$6,150
The P&A Administrative Services, Inc. 401(k) match · 2024
Employer contribution per active participant$797
Median for plans this size$1,313
2024$797 per active participant
2023$802 per active participant
2022$779 per active participant

P&A Administrative Services, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$6,150 · 0.07%
2023$6,565 · 0.08%
2022$4,546 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New York
Brkthru Digital, LLC NY$9.5M · 0.05%
Dashlane USA, Inc. NY$9.5M · 0.34%
Workfusion, Inc. NY$9.4M · 0.28%
Viventium Software, Inc. NY$9.3M · 0.28%
Velan Studios NY$9.3M · 0.02%
Lifesci Advisors NY$9.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161324521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.