Plan Ledger DOL Form 5500 · updated monthly

Pem Payroll, LLC401(k)

PEM PAYROLL, LLC 401(K) PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Pem Payroll, LLC reported $1,888 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $494 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (1,145th of 1,285), and 1,966th of 2,096 in real estate & leasing. In 2022, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,085,765
Participants with balances64
Active participants135
Employer contributions$66,659
Employee contributions$158,602
Employer contribution per active participant$494
Average account balance$16,965
Benefits paid to participants$294,579
Plan auditUnmodified (clean) audit opinion
AuditorBRAD OBERLANDER CPA
The Pem Payroll, LLC 401(k) match · 2022
Employer contribution per active participant$494
Median for plans this size$1,114

Pem Payroll, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,888 · 0.15%
Same employer
Similar plansReal Estate & Leasing · Arizona
Biltmore Properties, Inc. AZ$2.0M · 1.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383399991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.