Plan Ledger DOL Form 5500 · updated monthly

Perko, Inc.401(k)

PERKO, INC. 401(K) PROFIT SHARING PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Perko, Inc. reported $33,108 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $152 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 0.40% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,049th of 3,644), and 9,764th of 13,661 in manufacturing. In 2024, employees put in $11.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,789,439
Participants with balances220
Active participants217
Employer contributions$33,050
Employee contributions$387,288
Employer contribution per active participant$152
Average account balance$35,407
Benefits paid to participants$902,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 220 accts · $33K emplr
2023$7.4M · 220 accts · $32K emplr
2022$7.6M · 220 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,966
Investment management$12,142
Total administrative$33,108
The Perko, Inc. 401(k) match · 2024
Employer contribution per active participant$152
Median for plans this size$1,313
2024$152 per active participant
2023$162 per active participant
2022$154 per active participant

Perko, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$12,142

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$33,108 · 0.44%
2023$31,788 · 0.42%
2022$32,763 · 0.40%
Same employer
Similar plansManufacturing · Florida
Solotech U.S. Corporation FL$8.0M · 0.33%
Phasetronics, Inc. FL$7.9M · 0.56%
Airspan Networks Inc. FL$7.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590932376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.