Plan Ledger DOL Form 5500 · updated monthly

Palram Americas, Inc.401(k)

PALRAM 401(K) PLAN · KUTZTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Palram Americas, Inc. reported $48,254 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,058 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 fell from 0.71% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,427th of 3,651), and 9,322nd of 13,661 in manufacturing. In 2024, employees put in $3.66 for every $1.00 the employer contributed; active participation has shrunk from 215 to 181 since 2022.

Plan summary
Net assets, end of year$8,797,282
Participants with balances218
Active participants181
Employer contributions$191,568
Employee contributions$700,801
Employer contribution per active participant$1,058
Average account balance$40,355
Benefits paid to participants$427,234
Plan auditUnmodified (clean) audit opinion
AuditorBUCKNO, LISICKY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 218 accts · $192K emplr
2023$7.4M · 260 accts · $206K emplr
2022$6.5M · 259 accts · $10K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,793
Investment management$20,461
Total administrative$48,254
The Palram Americas, Inc. 401(k) match · 2024
Employer contribution per active participant$1,058
Median for plans this size$1,313
2024$1,058 per active participant
2023$1,052 per active participant
2022$48 per active participant

Palram Americas, Inc.'s 2024 employer contribution ran below 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 · 20242
CORNERSTONE ADVISORS ASSET MANAGEME · Investment advisory (plan)$20,461

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

Administrative cost history3
2024$48,254 · 0.59%
2023$41,313 · 0.59%
2022$50,892 · 0.71%
Same employer
Similar plansManufacturing · Pennsylvania
Matrix Tool Inc PA$8.9M · 0.34%
Carel USA, LLC PA$8.8M · 0.06%
Pannier Corporation PA$8.8M · 0.25%
Heeter Printing Company PA$8.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870513572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.