Plan Ledger DOL Form 5500 · updated monthly

Palmer Square Capital Management LLC401(k)

PALMER SQUARE CAPITAL MANAGEMENT 401(K) PLAN · MISSION WOODS, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Palmer Square Capital Management LLC reported $38,073 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,171 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 0.15% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Kansas (472nd of 828), and 3,909th of 4,798 in finance & insurance. In 2024, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,731,950
Participants with balances180
Active participants207
Employer contributions$449,444
Employee contributions$1,613,356
Employer contribution per active participant$2,171
Average account balance$59,622
Benefits paid to participants$232,228
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.7M · 180 accts · $449K emplr
2023$6.8M · 130 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,919
Investment management$18,154
Total administrative$38,073
The Palmer Square Capital Management LLC 401(k) match · 2024
Employer contribution per active participant$2,171
Median for plans this size$1,313
2024$2,171 per active participant
2023$2,557 per active participant

Palmer Square Capital Management LLC's 2024 employer contribution ran above 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$17,190
EMPOWER ADVISORY GROUP, LLC · Investment management$964

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$38,073 · 0.43%
2023$10,517 · 0.15%
Same employer
Similar plansFinance & Insurance · Kansas
Azura Credit Union KS$14.1M · 0.06%
Med James, Inc. KS$11.8M · 0.39%
Bank of Labor KS$11.6M · 0.15%
First State Bank and Trust KS$11.6M · 0.11%
Basys Processing, Inc. KS$10.6M · 0.60%
Cobalt Ventures, LLC KS$10.4M · 0.76%
First Federal Bank KS$10.0M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270400678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.