Plan Ledger DOL Form 5500 · updated monthly

Pacemaker Steel and Piping Company, Inc.401(k)

PACEMAKER STEEL AND PIPING COMPANY, INC. EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN · UTICA, NY · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Pacemaker Steel and Piping Company, Inc. reported $85,863 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,145 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 3 years on file its reported administrative ratio has held roughly steady near 0.520%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,745th-largest of 5,648 plans among New York employers on file, and 2,139th of 4,246 in wholesale trade. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 243 to 288 since 2022.

Plan summary
Net assets, end of year$17,221,827
Participants with balances275
Active participants288
Employer contributions$329,725
Employee contributions$910,982
Employer contribution per active participant$1,145
Average account balance$62,625
Benefits paid to participants$1,817,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 275 accts · $330K emplr
2023$15.8M · 268 accts · $250K emplr
2022$13.4M · 292 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,946
Investment management$46,917
Total administrative$85,863
The Pacemaker Steel and Piping Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,145
Median for plans this size$2,416
2024$1,145 per active participant
2023$1,059 per active participant
2022$1,131 per active participant

Pacemaker Steel and Piping Company, Inc.'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 · 20242
STRATEGIC FINANCIAL SERVICES, INC. · Investment advisory (plan)$46,917

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$85,863 · 0.52%
2023$74,179 · 0.51%
2022$74,595 · 0.52%
Similar plansWholesale Trade · New York
Hanes Supply, Inc. NY$17.7M · 0.14%
Ergonomic Group, Inc. NY$17.6M · 0.30%
E. Gluck Corporation NY$17.6M · 0.02%
Wolf-Gordon, Inc. NY$17.3M · 0.64%
Touton Holdings, LTD NY$17.1M · 0.61%
Sfi Aip Holdings, LLC NY$16.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161614925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.