Plan Ledger DOL Form 5500 · updated monthly

Pennreach Inc401(k)

PENNREACH INC 401(K) PROFIT SHARING PLAN & TRUST · ALLENTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Pennreach Inc reported $2,073 in plan administrative expenses for 2024: 0.24% of average plan assets, lower than ~75% of peers. Employer contributions averaged $480 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 0.40% to 0.24%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (2,233rd of 2,419), and 3,067th of 3,341 in other services. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,030,021
Participants with balances187
Active participants210
Employer contributions$100,797
Employee contributions$243,660
Employer contribution per active participant$480
Average account balance$5,508
Benefits paid to participants$87,071
Plan history2
Yearassets · accounts · employer contribution
2024$1.0M · 187 accts · $101K emplr
2022$396K · 74 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,213
Trustee / custodial$860
Total administrative$2,073
The Pennreach Inc 401(k) match · 2024
Employer contribution per active participant$480
Median for plans this size$540
2024$480 per active participant
2022$242 per active participant

Pennreach Inc's 2024 employer contribution ran below the $540 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.

Administrative cost history2
2024$2,073 · 0.24%
2022$1,205 · 0.40%
Same employer
Similar plansOther Services · New Jersey
Local 143 Annuity Fund NJ$2.0M · 2.09%
Wilson Parts Group LLC NJ$903K · 1.26%
Sp-Hs, LLC NJ$582K · 1.44%
Fleetwash Inc NJ$301K · 3.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454123725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.