Plan Ledger DOL Form 5500 · updated monthly

Pan American Express, Inc.401(k)

PAN AMERICAN EXPRESS, INC. RETIREMENT PLAN · LAREDO, TX · plan year 2022

Reported admin expense ratio · 2022
0.87%

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

Pan American Express, Inc. reported $19,391 in plan administrative expenses for 2022: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $296 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 transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (4,806th of 5,688), and 2,059th of 2,677 in transportation & warehousing. In 2022, employees put in $4.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,307,280
Participants with balances86
Active participants94
Employer contributions$27,862
Employee contributions$111,451
Employer contribution per active participant$296
Average account balance$26,829
Benefits paid to participants$112,042
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, L.L.P.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,391
Total administrative$19,391
The Pan American Express, Inc. 401(k) match · 2022
Employer contribution per active participant$296
Median for plans this size$1,114

Pan American Express, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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$19,391 · 0.87%
Similar plansTransportation & Warehousing · Texas
Packwell, Inc. TX$2.3M · 0.61%
J.W. Logistics, LLC TX$2.3M · 0.14%
Rew Investments, Inc. TX$2.3M · 0.73%
Outwest Express LLC TX$2.2M · 0.24%
J.S. Helwig & Son, LLC TX$2.1M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742433096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.