Plan Ledger DOL Form 5500 · updated monthly

Pacesetter Steel Service, Inc.401(k)

PACESETTER STEEL SERVICE, INC. PROFIT SHARING RETIREMENT PLAN · KENNESAW, GA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Pacesetter Steel Service, Inc. reported $44,529 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,832 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.

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 1,053rd-largest of 2,160 plans among Georgia employers on file, and 2,471st of 4,246 in wholesale trade. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,989,594
Participants with balances178
Active participants106
Employer contributions$300,224
Employee contributions$757,807
Employer contribution per active participant$2,832
Average account balance$78,593
Benefits paid to participants$2,202,452
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT DAVIS, LLC/PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,529
Total administrative$44,529
The Pacesetter Steel Service, Inc. 401(k) match · 2024
Employer contribution per active participant$2,832
Median for plans this size$2,416

Pacesetter Steel Service, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$21,927
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$6,435
PACESETTER STEEL SERVICE$16,000

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

Administrative cost history1
2024$44,529 · 0.32%
Similar plansWholesale Trade · Georgia
GOOD2GROW LLC GA$14.8M · 0.57%
Pro Marketing, Inc. GA$14.3M · 0.09%
Satair USA, Inc. GA$14.2M · 0.03%
Takeuchi Mfg (U.S.), LTD GA$13.3M · 0.28%
Leon Farmer & Company GA$12.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 994588321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.