Parand Prime Logistic Corp401(k)
PARAND PRIME LOGISTICS CORP 401(K) PLAN · SAINT JAMES, NY · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Parand Prime Logistic Corp reported $8 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $131 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New York (5,604th of 5,648), and 2,642nd of 2,677 in transportation & warehousing. In 2022, employees put in $3.60 for every $1.00 the employer contributed.
Parand Prime Logistic Corp's 2022 employer contribution ran below the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 844374234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.