Plan Ledger DOL Form 5500 · updated monthly

Pac-Tech International, Inc.Profit-sharing plan

PTI RETIREMENT PLAN · CAROLINA, PR · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Pac-Tech International, Inc. reported $8,728 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $827 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 0.65% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in PR (239th of 323), and 12,697th of 13,661 in manufacturing. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 196 to 236 since 2022.

Plan summary
Net assets, end of year$2,258,096
Participants with balances166
Active participants236
Employer contributions$195,283
Employee contributions$254,991
Employer contribution per active participant$827
Average account balance$13,603
Benefits paid to participants$154,938
Plan auditDisclaimer of opinion
AuditorFPV & GALINDEZ, LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 166 accts · $195K emplr
2023$1.7M · 160 accts · $167K emplr
2022$1.1M · 159 accts · $149K emplr
Administrative expenses, itemized · 2024
Investment management$8,728
Total administrative$8,728
Employer contributions to the Pac-Tech International, Inc. plan · 2024
Employer contribution per active participant$827
Median for plans this size$1,313
2024$827 per active participant
2023$819 per active participant
2022$762 per active participant

Pac-Tech International, 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.

Service providers · 20241
ORIENTAL BANK · Trustee$8,328

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$8,728 · 0.44%
2023$12,927 · 0.93%
2022$8,376 · 0.65%
Similar plansManufacturing · PR
Canarico Quarries, Inc. PR$4.2M · 1.07%
Viant Puerto Rico Inc. PR$3.6M · 0.84%
Borinquen Container PR$2.2M · 0.77%
Sign Engineering, LLC PR$367K · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660617213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.