Plan Ledger DOL Form 5500 · updated monthly

Permobil, Inc401(k)

PERMOBIL, INC. 401(K) PROFIT SHARING AND TRUST · LEBANON, TN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Permobil, Inc reported $197,031 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,419 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 190th-largest of 1,496 plans among Tennessee employers on file, and the 2,186th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 912 to 1,069 since 2022.

Plan summary
Net assets, end of year$82,879,276
Participants with balances1,330
Active participants1,069
Employer contributions$2,585,957
Employee contributions$5,161,417
Employer contribution per active participant$2,419
Average account balance$62,315
Benefits paid to participants$11,219,210
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$82.9M · 1,330 accts · $2.6M emplr
2023$74.3M · 1,191 accts · $2.4M emplr
2022$60.8M · 1,169 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,178
Investment management$99,853
Total administrative$197,031
The Permobil, Inc 401(k) match · 2024
Employer contribution per active participant$2,419
Median for plans this size$3,635
2024$2,419 per active participant
2023$2,596 per active participant
2022$2,381 per active participant

Permobil, Inc's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$97,178
MMA SECURITIES · Investment advisory (plan)$90,072
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,782

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$197,031 · 0.25%
2023$179,435 · 0.27%
2022$174,936 · 0.26%
Same employer
Similar plansManufacturing · Tennessee
Deroyal Industries, Inc. TN$101.4M · 0.03%
Resource Label Group LLC TN$98.7M · 0.34%
Granges Americas Inc. TN$97.9M · 0.31%
Workwear Outfitters, LLC TN$90.3M · 0.19%
Stratas Foods LLC TN$82.8M · 0.23%
Franke USA Holding Inc. TN$82.1M · 0.13%
Entrans International, LLC TN$79.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043189589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.