Plan Ledger DOL Form 5500 · updated monthly

Paradise Energy Solutions, LLC401(k)

PES 401(K) PLAN · PARADISE, PA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Paradise Energy Solutions, LLC reported $17,038 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,226 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 1 year on file its reported administrative ratio fell from 0.27% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,474th of 3,651), and 3,331st of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,414,770
Participants with balances172
Active participants151
Employer contributions$487,189
Employee contributions$1,019,650
Employer contribution per active participant$3,226
Average account balance$48,923
Benefits paid to participants$193,338
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history2
Yearassets · accounts · employer contribution
2024$8.4M · 172 accts · $487K emplr
2023$6.1M · 154 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,038
Total administrative$17,038
The Paradise Energy Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,226
Median for plans this size$1,313
2024$3,226 per active participant
2023$3,150 per active participant

Paradise Energy Solutions, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
EMPLOYEE FIDUCIARY, LLC · Recordkeeping$17,038

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

Recordkeeper by year2
2024EMPLOYEE FIDUCIARY, LLC
2023EMPLOYEE FIDUCIARY, LLC

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Administrative cost history2
2024$17,038 · 0.23%
2023$13,744 · 0.27%
Same employer
Similar plansConstruction · Pennsylvania
Muncy Homes, Inc. PA$9.1M · 0.40%
Simplex Industries Inc PA$8.8M · 0.76%
A & E Construction Co. PA$8.0M · 0.01%
Berks New Homes LLC PA$7.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263725190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.