Plan Ledger DOL Form 5500 · updated monthly

Peter Pan Bus Lines, Inc401(k)

PETER PAN BUS LINES, INC RETIREMENT PROGRAM FOR UNION EMPLOYEES · SPRINGFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
1.13%

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

Peter Pan Bus Lines, Inc reported $49,296 in plan administrative expenses for 2022: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $545 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 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,403rd of 2,726), and 1,784th of 2,677 in transportation & warehousing. In 2022, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,992,390
Participants with balances84
Active participants104
Employer contributions$56,661
Employee contributions$175,214
Employer contribution per active participant$545
Average account balance$47,528
Benefits paid to participants$422,300
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,945
Investment management$10,141
Professional / advisory$18,210
Total administrative$49,296
The Peter Pan Bus Lines, Inc 401(k) match · 2022
Employer contribution per active participant$545
Median for plans this size$1,114

Peter Pan Bus Lines, Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$49,296 · 1.13%
Same employer
Similar plansTransportation & Warehousing · Massachusetts
Braun's Express, Inc. MA$3.6M · 0.57%
Local Motion, Inc. MA$3.4M · 0.44%
Lax, LLC MA$3.0M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042202752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.