Plan Ledger DOL Form 5500 · updated monthly

Pai Holdings, LLC dba Pharmaceut401(k)

PAI HOLDINGS, LLC 401(K) PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Pai Holdings, LLC dba Pharmaceut reported $90,981 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,109 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 0.26% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 172nd-largest of 807 plans among South Carolina employers on file, and the 4,238th of 13,661 in manufacturing. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 431 to 626 since 2022.

Plan summary
Net assets, end of year$32,431,841
Participants with balances628
Active participants626
Employer contributions$1,320,017
Employee contributions$2,671,596
Employer contribution per active participant$2,109
Average account balance$51,643
Benefits paid to participants$3,597,799
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 628 accts · $1.3M emplr
2023$20.1M · 437 accts · $966K emplr
2022$16.0M · 380 accts · $806K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,423
Investment management$67,558
Total administrative$90,981
The Pai Holdings, LLC dba Pharmaceut 401(k) match · 2024
Employer contribution per active participant$2,109
Median for plans this size$2,416
2024$2,109 per active participant
2023$1,972 per active participant
2022$1,869 per active participant

Pai Holdings, LLC dba Pharmaceut's 2024 employer contribution ran below 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 · 20243
BELPOINTE ASSET MANAGEMENT LLC · Recordkeeping · Trustee$64,736
ADP, INC. · Loan processing · Recordkeeping$26,244
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, BELPOINTE ASSET MANAGEMENT LLC
2023ADP, BELPOINTE ASSET MANAGEMENT LLC

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Administrative cost history3
2024$90,981 · 0.35%
2023$52,375 · 0.29%
2022$42,662 · 0.26%
Same employer
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Agy Holding Corp. SC$36.0M · 0.24%
Giant Cement Holding, Inc. SC$34.4M · 0.28%
Pacolet Milliken, LLC SC$32.6M · 0.08%
Ceramtec North America LLC SC$32.0M · 0.22%
Devro, Inc. SC$31.5M · 0.13%
Oliver Rubber Company LLC SC$30.4M · 0.06%
Gower Corporation SC$30.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570511073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.