Plan Ledger DOL Form 5500 · updated monthly

Pasona NA, Inc.401(k)

PASONA NA, INC. 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Pasona NA, Inc. reported $47,809 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,744 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 rose from 0.37% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (5,490th of 9,483), and the 1,012th of 2,534 in administrative & support services. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,876,506
Participants with balances167
Active participants193
Employer contributions$336,651
Employee contributions$957,529
Employer contribution per active participant$1,744
Average account balance$59,141
Benefits paid to participants$217,625
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 167 accts · $337K emplr
2023$7.5M · 166 accts · $317K emplr
2022$5.2M · 154 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,311
Investment management$28,498
Total administrative$47,809
The Pasona NA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,744
Median for plans this size$1,313
2024$1,744 per active participant
2023$1,792 per active participant
2022$1,583 per active participant

Pasona NA, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20246
MORGAN STANLEY · Investment advisory (plan)$20,062
EMPOWER ADVISORY GROUP, LLC · Investment management$8,436
THE BENEFIT PRACTICE · Contract administrator$417
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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$47,809 · 0.55%
2023$23,576 · 0.37%
2022$19,919 · 0.37%
Same employer
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Care.Stat!, Inc. CA$9.9M · 0.16%
Pridestaff, Inc. CA$9.6M · 0.13%
Vxi Global Solutions, LLC CA$9.4M · 5.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061321072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.