Plan Ledger DOL Form 5500 · updated monthly

Paumac Tubing, LLC401(k)

PAUMAC TUBING, LLC 401(K) PLAN · MARYSVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Paumac Tubing, LLC reported $12,825 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $450 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 3 years on file its reported administrative ratio has held roughly steady near 0.355%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,124th of 2,619), and 11,723rd of 13,661 in manufacturing. In 2024, employees put in $6.46 for every $1.00 the employer contributed; active participation has grown from 162 to 211 since 2022.

Plan summary
Net assets, end of year$4,032,641
Participants with balances344
Active participants211
Employer contributions$94,914
Employee contributions$613,132
Employer contribution per active participant$450
Average account balance$11,723
Benefits paid to participants$284,086
Plan auditUnmodified (clean) audit opinion
AuditorAUSTIN NIESTER SCHWEIHOFER & F
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 344 accts · $95K emplr
2023$3.2M · 299 accts · $68K emplr
2022$2.5M · 269 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,825
Total administrative$12,825
The Paumac Tubing, LLC 401(k) match · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$371 per active participant
2022$370 per active participant

Paumac Tubing, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Recordkeeping$12,825
ADP BROKER-DEALER · Other servicesindirect comp
CAMBRIDGE INVESTMENT RESEARCH INC · Other servicesindirect comp

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
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,825 · 0.35%
2023$9,948 · 0.35%
2022$9,264 · 0.35%
Same employer
Similar plansManufacturing · Michigan
Gretchen's House, Inc. MI$4.1M · 0.03%
The Decc Company, Inc. MI$4.1M · 0.02%
United Machining. Inc. MI$3.9M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201819235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.