Plan Ledger DOL Form 5500 · updated monthly

Pellerin Milnor Corporation401(k)

PELLERIN MILNOR CORPORATION AND AFFILIATED EMPLOYERS 401(K) RETIREMENT SAVINGS PLAN · KENNER, LA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Pellerin Milnor Corporation reported $62,660 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,822 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 0.11% to 0.15%. 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 144th-largest of 884 plans among Louisiana employers on file, and the 3,509th of 13,661 in manufacturing. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,914,625
Participants with balances513
Active participants405
Employer contributions$738,069
Employee contributions$2,084,983
Employer contribution per active participant$1,822
Average account balance$83,654
Benefits paid to participants$3,881,825
Plan auditUnmodified (clean) audit opinion
AuditorLEGLUE & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$42.9M · 513 accts · $738K emplr
2023$38.5M · 492 accts · $670K emplr
2022$33.7M · 493 accts · $619K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,721
Investment management$33,939
Total administrative$62,660
The Pellerin Milnor Corporation 401(k) match · 2024
Employer contribution per active participant$1,822
Median for plans this size$2,416
2024$1,822 per active participant
2023$1,713 per active participant
2022$1,575 per active participant

Pellerin Milnor Corporation's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,721
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$16,170
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,019

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$62,660 · 0.15%
2023$40,647 · 0.11%
2022$43,303 · 0.11%
Same employer
Similar plansManufacturing · Louisiana
Lion Copolymer Geismar LLC LA$55.9M · 0.17%
Pinnacle Polymers, LLC LA$48.6M · 0.20%
Auto Chlor Services, LLC LA$46.1M · 0.30%
Rain Cii Carbon LLC LA$41.6M · 0.14%
McIlhenny Company LA$40.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721103525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.