Plan Ledger DOL Form 5500 · updated monthly

P Cor, LLCProfit-sharing plan

P COR, LLC RETIREMENT PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

P Cor, LLC reported $60,298 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $980 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 0.45% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,407th of 2,619), and the 2,275th of 5,215 in retail trade.

Plan summary
Net assets, end of year$12,011,654
Participants with balances807
Active participants645
Employer contributions$631,834
Employee contributions—
Employer contribution per active participant$980
Average account balance$14,884
Benefits paid to participants$471,742
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 807 accts · $632K emplr
2023$10.7M · 788 accts · $562K emplr
2022$9.7M · 786 accts · $614K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,410
Audit (IQPA)$19,150
Total administrative$60,298
Employer contributions to the P Cor, LLC plan · 2024
Employer contribution per active participant$980
Median for plans this size$2,416
2024$980 per active participant
2023$869 per active participant
2022$952 per active participant

P Cor, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$33,410
GJC CPA'S & ADVISORS · Accounting / audit$19,150
WILLIS TOWERS WATSON US LLC · Actuarial$7,500

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$60,298 · 0.53%
2023$62,525 · 0.61%
2022$47,562 · 0.45%
Similar plansRetail Trade · Michigan
Blarney Castle Oil Co. MI$12.5M · 0.29%
Folk Oil Company, Inc. MI$12.3M · 0.04%
Champion Chevrolet, Inc. MI$12.0M · 0.40%
Hines Park Lincoln, Inc. MI$12.0M · 0.12%
Raiseright, LLC MI$11.8M · 0.38%
Carls Golfland, Inc. MI$11.7M · 0.48%
Bob Maxey Lincoln, Inc. MI$11.6M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383322462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.