Plan Ledger DOL Form 5500 · updated monthly

Patriot Machine Inc.401(k)

PATRIOT MACHINE INC. 401(K) PLAN · ST. CHARLES, MO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Patriot Machine Inc. reported $63,425 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $6,780 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 0.23% to 0.18%. 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 395th-largest of 1,393 plans among Missouri employers on file, and the 3,936th of 13,661 in manufacturing. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 155 to 177 since 2022.

Plan summary
Net assets, end of year$36,153,329
Participants with balances214
Active participants177
Employer contributions$1,200,000
Employee contributions$1,361,827
Employer contribution per active participant$6,780
Average account balance$168,941
Benefits paid to participants$4,035,924
Plan auditUnmodified (clean) audit opinion
AuditorA.C. EVANS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.2M · 214 accts · $1.2M emplr
2023$33.3M · 201 accts · $1.2M emplr
2022$29.3M · 192 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,399
Investment management$38,026
Total administrative$63,425
The Patriot Machine Inc. 401(k) match · 2024
Employer contribution per active participant$6,780
Median for plans this size$2,416
2024$6,780 per active participant
2023$7,362 per active participant
2022$7,742 per active participant

Patriot Machine Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
MARINER WEALTH ADVISORS, LLC · Recordkeeping · Trustee$38,026
ADP, INC. · Loan processing · Recordkeeping$25,398

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

Recordkeeper by year2
2024ADP, MARINER WEALTH ADVISORS, LLC
2023A.C. EVANS LLC, ADP, MARINER RETIREMENT ADVISORS, LLC, MARINER WEALTH ADVISORS, LLC

This plan has changed recordkeepers within these filings. If you left Patriot Machine Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,425 · 0.18%
2023$74,771 · 0.24%
2022$73,958 · 0.23%
Same employer
Similar plansManufacturing · Missouri
Proenergy Service LLC MO$39.3M · 0.38%
Essex Industries, Inc. MO$38.5M · 0.13%
Bull Moose Tube Company MO$38.0M · 0.16%
H.E. Williams, Inc. MO$35.6M · 0.28%
Manna Pro Products, LLC MO$33.1M · 0.52%
G.H. Tool & Mold, LLC MO$32.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431581011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.