Plan Ledger DOL Form 5500 · updated monthly

Phantom Administrative LLC401(k)

PHANTOM ADMINISTRATIVE RETIREMENT SAVINGS PLAN · YOUNGSTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Phantom Administrative LLC reported $33,123 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $422 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 0.67% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,759th of 3,295), and 2,595th of 4,246 in wholesale trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 668 to 1,156 since 2022.

Plan summary
Net assets, end of year$12,730,136
Participants with balances355
Active participants1,156
Employer contributions$487,303
Employee contributions$861,262
Employer contribution per active participant$422
Average account balance$35,860
Benefits paid to participants$1,135,081
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 355 accts · $487K emplr
2023$11.1M · 304 accts · $438K emplr
2022$9.1M · 276 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,123
Total administrative$33,123
The Phantom Administrative LLC 401(k) match · 2024
Employer contribution per active participant$422
Median for plans this size$2,416
2024$422 per active participant
2023$673 per active participant
2022$597 per active participant

Phantom Administrative LLC's 2024 employer contribution ran below the $2,416 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 · 20243
NATIONWIDE · Recordkeeping · Custodial$41,590
SOUTHBRIDGE ADVISORS, LLC · Investment management$28,458
PENSION FINANCIAL SERVICES, INC. · Contract administrator · Pension consulting$3,350

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$33,123 · 0.28%
2023$34,365 · 0.34%
2022$69,826 · 0.67%
Same employer
Similar plansWholesale Trade · Ohio
American Interiors, Inc. OH$13.3M · 0.39%
Coblentz Distributing, Inc. OH$12.9M · 0.43%
Loth Holdings, LLC OH$12.8M · 0.54%
Temeg Holdings, Inc. OH$12.1M · 0.62%
Stagnaro Holdings, Inc. OH$11.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814654467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.