Plan Ledger DOL Form 5500 · updated monthly

Perma-Pipe International Holdings, Inc.401(k)

PPIH 401(K) EMPLOYEE SAVINGS PLAN · ROLLING MEADOWS, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Perma-Pipe International Holdings, Inc. reported $14,670 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,699 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 0.054% to 0.049%. 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 1,294th-largest of 3,702 plans among Illinois employers on file, and the 4,408th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 123 to 104 since 2022.

Plan summary
Net assets, end of year$30,770,320
Participants with balances241
Active participants104
Employer contributions$384,681
Employee contributions$917,922
Employer contribution per active participant$3,699
Average account balance$127,678
Benefits paid to participants$3,818,363
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH+BROWN.PC
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 241 accts · $385K emplr
2023$29.5M · 258 accts · $380K emplr
2022$27.9M · 260 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,420
Investment management$250
Total administrative$14,670
The Perma-Pipe International Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,699
Median for plans this size$2,416
2024$3,699 per active participant
2023$2,816 per active participant
2022$2,731 per active participant

Perma-Pipe International Holdings, Inc.'s 2024 employer contribution ran above 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$14,420

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,670 · 0.05%
2023$16,183 · 0.06%
2022$17,265 · 0.05%
Same employer
Similar plansManufacturing · Illinois
Nimlok Company IL$31.0M · 0.21%
Broadwind, Inc. IL$30.9M · 0.59%
Robertshaw Controls Company IL$30.9M · 0.05%
Jdrc Managed Services, LLC IL$30.8M · 0.87%
Flavorchem Corporation IL$30.6M · 0.26%
Kingspan Light & Air, LLC IL$30.6M · 0.38%
Mitek Corporation IL$30.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363922969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.