Plan Ledger DOL Form 5500 · updated monthly

Pannier Corporation401(k)

PANNIER CORPORATION EMPLOYEES PROFIT SHARING PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
0.25%

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

Pannier Corporation reported $25,803 in plan administrative expenses for 2022: 0.25% of average plan assets, below the peer median. Employer contributions averaged $983 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,424th of 3,651), and 9,313th of 13,661 in manufacturing. In 2022, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,820,813
Participants with balances99
Active participants90
Employer contributions$88,436
Employee contributions$337,445
Employer contribution per active participant$983
Average account balance$89,099
Benefits paid to participants$1,297,785
Plan auditUnmodified (clean) audit opinion
AuditorGOFF BACKA ALFERA & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,459
Investment management$12,000
Professional / advisory$1,344
Total administrative$25,803
The Pannier Corporation 401(k) match · 2022
Employer contribution per active participant$983
Median for plans this size$2,266

Pannier Corporation's 2022 employer contribution ran below the $2,266 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$25,803 · 0.25%
Similar plansManufacturing · Pennsylvania
Matrix Tool Inc PA$8.9M · 0.34%
Carel USA, LLC PA$8.8M · 0.06%
Palram Americas, Inc. PA$8.8M · 0.59%
Heeter Printing Company PA$8.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250940589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.