Plan Ledger DOL Form 5500 · updated monthly

Pelatron Technologies LLC401(k)

PELATRON TECHNOLOGIES LLC 401(K) RETIREMENT SAVINGS PLAN · LINDON, UT · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Pelatron Technologies LLC reported $28,052 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $5,862 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 has held roughly steady near 0.439%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (550th of 848), and 9,159th of 11,654 in professional & technical services. In 2023, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,624,301
Participants with balances91
Active participants80
Employer contributions$468,988
Employee contributions$570,784
Employer contribution per active participant$5,862
Average account balance$72,795
Benefits paid to participants$1,631,648
Plan auditUnmodified (clean) audit opinion
AuditorSSA, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$6.6M · 91 accts · $469K emplr
2022$6.2M · 139 accts · $484K emplr
Administrative expenses, itemized · 2023
Audit (IQPA)$28,052
Total administrative$28,052
The Pelatron Technologies LLC 401(k) match · 2023
Employer contribution per active participant$5,862
Median for plans this size$1,308
2023$5,862 per active participant
2022$5,976 per active participant

Pelatron Technologies LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Recordkeeping · Loan processing$4,252
ADP, INC. · Loan processing · Recordkeeping$4,252

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

Administrative cost history2
2023$28,052 · 0.44%
2022$27,731 · 0.44%
Similar plansProfessional & Technical Services · Utah
Payday Benefits, LLC UT$6.9M · 0.98%
Boostability Parent, Inc. UT$6.1M · 1.00%
Sera Prognostics, Inc. UT$6.1M · 1.03%
Canopy Tax, Inc. UT$6.0M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454050341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.