Plan Ledger DOL Form 5500 · updated monthly

P & L Global Holding Corp401(k)

P & L GLOBAL HOLDING CORP 401(K) PLAN · WESTBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

P & L Global Holding Corp reported $108,775 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,442 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 0.25% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,260th-largest of 5,648 plans among New York employers on file, and the 2,880th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 1,238 to 1,398 since 2022.

Plan summary
Net assets, end of year$56,463,512
Participants with balances913
Active participants1,398
Employer contributions$2,016,537
Employee contributions$3,706,353
Employer contribution per active participant$1,442
Average account balance$61,844
Benefits paid to participants$2,640,998
Plan auditDisclaimer of opinion
AuditorFORVIS MAZARS USA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.5M · 913 accts · $2.0M emplr
2023$46.7M · 866 accts · $1.9M emplr
2022$36.4M · 844 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,775
Total administrative$108,775
The P & L Global Holding Corp 401(k) match · 2024
Employer contribution per active participant$1,442
Median for plans this size$3,635
2024$1,442 per active participant
2023$1,453 per active participant
2022$1,457 per active participant

P & L Global Holding Corp's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
ASCENSUS LLC · Loan processing · Recordkeeping$108,776

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$108,775 · 0.21%
2023$97,002 · 0.23%
2022$94,380 · 0.25%
Similar plansManufacturing · New York
Gmm Pfaudler US Inc. NY$57.6M · 0.12%
Muller Martini Corp. NY$57.2M · 0.08%
Latham Pool Products, Inc. NY$56.3M · 0.45%
Cxtec Inc. NY$55.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462532653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.