Plan Ledger DOL Form 5500 · updated monthly

Pan Am Equities, Inc.401(k)

PAN AM EQUITIES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Pan Am Equities, Inc. reported $11,071 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,398 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 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,323rd-largest of 5,648 plans among New York employers on file, and the 591st of 2,096 in real estate & leasing. In 2024, employees put in $4.65 for every $1.00 the employer contributed; active participation has grown from 117 to 132 since 2022.

Plan summary
Net assets, end of year$22,842,678
Participants with balances129
Active participants132
Employer contributions$184,584
Employee contributions$857,932
Employer contribution per active participant$1,398
Average account balance$177,075
Benefits paid to participants$1,988,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 129 accts · $185K emplr
2023$21.0M · 121 accts · $165K emplr
2022$19.0M · 126 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,050
Investment management$5,321
Total administrative$11,071
The Pan Am Equities, Inc. 401(k) match · 2024
Employer contribution per active participant$1,398
Median for plans this size$2,416
2024$1,398 per active participant
2023$1,377 per active participant
2022$1,361 per active participant

Pan Am Equities, Inc.'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
GLOBAL RETIREMENT PARTNERS, LLCindirect comp
VOYA RETIREMENT INSURANCE AND ANN · Investment advisory (participants)indirect comp
CONCIERGE RETIREMENT SERVICES INC · Other servicesindirect comp

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$11,071 · 0.05%
2023$10,697 · 0.05%
2022$5,424 · 0.03%
Same employer
Similar plansReal Estate & Leasing · New York
Peco Pallet Inc. NY$23.3M · 0.52%
Solidifi U.S. Inc. NY$22.5M · 0.53%
Dreamscape Companies LLC NY$22.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132602877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.