Plan Ledger DOL Form 5500 · updated monthly

Pankl Holdings, Inc.401(k)

PANKL HOLDINGS, INC. & AFFILIATED EMPLOYER 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Pankl Holdings, Inc. reported $49,926 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $851 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 0.36% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,903rd-largest of 9,483 plans among California employers on file, and the 6,342nd of 13,661 in manufacturing. In 2024, employees put in $5.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,007,537
Participants with balances311
Active participants240
Employer contributions$204,152
Employee contributions$1,069,141
Employer contribution per active participant$851
Average account balance$57,902
Benefits paid to participants$1,701,267
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 311 accts · $204K emplr
2023$16.2M · 315 accts · $180K emplr
2022$13.8M · 326 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,926
Investment management$20,000
Total administrative$49,926
The Pankl Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$851
Median for plans this size$2,416
2024$851 per active participant
2023$750 per active participant
2022$621 per active participant

Pankl Holdings, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$29,926
LPL FINANCIAL · Investment advisory (plan)$20,000

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$49,926 · 0.29%
2023$51,514 · 0.34%
2022$52,128 · 0.36%
Same employer
Similar plansManufacturing · California
Getac, Inc. CA$18.1M · 0.05%
Supherb Farms CA$18.1M · 0.36%
O'Keeffe's, Inc. CA$18.1M · 0.75%
Sientra, Inc CA$18.0M · 0.39%
Drum Workshop, Inc. CA$17.9M · 0.39%
Leemah Electronics, Inc. CA$17.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330804711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.