Plan Ledger DOL Form 5500 · updated monthly

Palpilot International Corp.401(k)

PALPILOT 401K PLAN · MILPITAS, CA · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Palpilot International Corp. reported $22,643 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $558 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,723rd of 9,483), and 8,310th of 11,654 in professional & technical services. In 2022, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,038,440
Participants with balances67
Active participants132
Employer contributions$73,718
Employee contributions$737,177
Employer contribution per active participant$558
Average account balance$134,902
Benefits paid to participants$11,842
Plan auditUnmodified (clean) audit opinion
AuditorK A L L ACCOUNTANCY CORPORATION
The Palpilot International Corp. 401(k) match · 2022
Employer contribution per active participant$558
Median for plans this size$1,114

Palpilot International Corp.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,643 · 0.24%
Similar plansProfessional & Technical Services · California
R Systems, Inc. CA$9.1M · 0.34%
Smartrecruiters, Inc. CA$9.1M · 0.28%
Ixsystems, Inc. CA$9.0M · 0.64%
Observe, Inc. CA$9.0M · 0.03%
Monkey Inferno, Inc. CA$9.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770320008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.