Plan Ledger DOL Form 5500 · updated monthly

Perfect Air Holdco LLC401(k)

P1 SERVICE GROUP 401(K) PLAN · TUALATIN, OR · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Perfect Air Holdco LLC reported $49,844 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $3,521 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 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oregon (579th of 1,021), and 3,202nd of 5,337 in construction. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,282,983
Participants with balances252
Active participants186
Employer contributions$654,836
Employee contributions$1,018,583
Employer contribution per active participant$3,521
Average account balance$36,837
Benefits paid to participants$2,323,520
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,823
Investment management$18,021
Total administrative$49,844
The Perfect Air Holdco LLC 401(k) match · 2024
Employer contribution per active participant$3,521
Median for plans this size$1,313

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

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,823
MMA SECURITIES LLC · Consulting · Insurance services$18,021

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

Administrative cost history1
2024$49,844 · 0.55%
Same employer
Similar plansConstruction · Oregon
A Cut Above Exteriors, Inc. OR$10.1M · 0.28%
Coffman Excavation Inc. OR$8.5M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873035627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.