Plan Ledger DOL Form 5500 · updated monthly

Pager, Inc.401(k)

PAGER + ONLIFE RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Pager, Inc. reported $89,944 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,978 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 1 year on file its reported administrative ratio rose from 0.58% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (2,840th of 5,648), and the 726th of 2,534 in administrative & support services. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,139,419
Participants with balances277
Active participants262
Employer contributions$1,566,166
Employee contributions$2,362,534
Employer contribution per active participant$5,978
Average account balance$58,265
Benefits paid to participants$2,598,372
Plan auditUnmodified (clean) audit opinion
AuditorLEONE, MCDONNELL & ROBERTS, PROFESS
Plan history2
Yearassets · accounts · employer contribution
2024$16.1M · 277 accts · $1.6M emplr
2023$11.3M · 276 accts · $915K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,944
Total administrative$89,944
The Pager, Inc. 401(k) match · 2024
Employer contribution per active participant$5,978
Median for plans this size$2,416
2024$5,978 per active participant
2023$3,402 per active participant

Pager, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,751
ORENDA RETIREMENT, LLC · Contract administrator · Other services$11,196
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$89,944 · 0.66%
2023$38,118 · 0.58%
Same employer
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Aaa Northway, Inc. NY$16.3M · 0.04%
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Rosco, Inc. NY$14.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383904175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.