Plan Ledger DOL Form 5500 · updated monthly

Pgt Industries, Inc.401(k)

PGT SAVINGS PLAN · NORTH VENICE, FL · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Pgt Industries, Inc. reported $416,000 in plan administrative expenses for 2023: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,560 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 1 year on file its reported administrative ratio rose from 0.30% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 248th-largest of 3,644 plans among Florida employers on file, and the 1,493rd of 13,661 in manufacturing. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,991,038
Participants with balances5,388
Active participants5,406
Employer contributions$8,435,665
Employee contributions$12,928,876
Employer contribution per active participant$1,560
Average account balance$25,982
Benefits paid to participants$11,358,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $6.8M emplr
2023$140.0M · 5,388 accts · $8.4M emplr
2022$108.1M · 4,877 accts · $6.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$267,826
Total administrative$416,000
The Pgt Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$1,560
Median for plans this size$3,659
2023$1,560 per active participant
2022$1,168 per active participant

Pgt Industries, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
T ROWE PRICE RPS INC · Recordkeeping · Trustee$416,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024Not separately reported
2023$416,000 · 0.34%
2022$335,003 · 0.30%
Similar plansManufacturing · Florida
Helios Technologies, Inc. FL$181.4M · 0.16%
Zimvie US Corp LLC. FL$178.5M · 0.14%
Saft America, Inc. FL$160.0M · 0.19%
Harrells, Inc. FL$140.3M · 0.00%
Mapei Corporation FL$119.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592038649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.