Plan Ledger DOL Form 5500 · updated monthly

Panattoni Development Company, Inc.401(k)

PANATTONI DEVELOPMENT COMPANY, INC. 401(K) PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Panattoni Development Company, Inc. reported $119,697 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $5,654 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 0.35% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,094th-largest of 9,483 plans among California employers on file, and the 1,217th of 5,337 in construction. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has shrunk from 156 to 133 since 2022.

Plan summary
Net assets, end of year$40,882,268
Participants with balances174
Active participants133
Employer contributions$751,981
Employee contributions$2,186,202
Employer contribution per active participant$5,654
Average account balance$234,956
Benefits paid to participants$4,200,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 174 accts · $752K emplr
2023$36.5M · 183 accts · $808K emplr
2022$29.4M · 189 accts · $807K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,521
Investment management$74,176
Audit (IQPA)$16,000
Total administrative$119,697
The Panattoni Development Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,654
Median for plans this size$2,416
2024$5,654 per active participant
2023$5,386 per active participant
2022$5,170 per active participant

Panattoni Development Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$74,176
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,925
CAMPBELL TAYLOR WASHBURN · Accounting / audit$16,000

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$119,697 · 0.31%
2023$106,697 · 0.32%
2022$112,228 · 0.35%
Same employer
Similar plansConstruction · California
Electek CA$42.1M · 0.00%
Champions Group CA$42.1M · 0.40%
Hp Communications, Inc. CA$40.4M · 0.70%
The Dutra Group CA$39.1M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260768789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.