Plan Ledger DOL Form 5500 · updated monthly

Pierce Aluminum Co., Inc.401(k)

PIERCE ALUMINUM CO., INC. 401(K) & PROFIT SHARING PLAN · FRANKLIN, MA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Pierce Aluminum Co., Inc. reported $20,793 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,473 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 rose from 0.08% to 0.09%. 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 the 1,169th-largest of 2,726 plans among Massachusetts employers on file, and the 1,650th of 4,246 in wholesale trade. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,619,455
Participants with balances198
Active participants181
Employer contributions$447,622
Employee contributions$1,047,045
Employer contribution per active participant$2,473
Average account balance$119,290
Benefits paid to participants$2,161,521
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPAS
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 198 accts · $448K emplr
2023$20.9M · 203 accts · $416K emplr
2022$17.8M · 209 accts · $405K emplr
Administrative expenses, itemized · 2024
Investment management$24,947
Audit (IQPA)$16,000
Total administrative$20,793
The Pierce Aluminum Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,473
Median for plans this size$2,416
2024$2,473 per active participant
2023$2,364 per active participant
2022$2,260 per active participant

Pierce Aluminum Co., 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$24,947
AAFCPAS · Accounting / audit$16,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$20,793 · 0.09%
2023$23,871 · 0.12%
2022$15,668 · 0.08%
Same employer
Similar plansWholesale Trade · Massachusetts
Twins Enterprise, Inc. MA$26.8M · 0.33%
Catania-Spagna Corporation MA$26.3M · 0.10%
Rhode Island Novelty MA$24.7M · 0.13%
Asahi/America, Inc MA$24.1M · 0.08%
Rex Lumber Company MA$22.9M · 0.47%
Yusen Associates, Inc. MA$22.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042427645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.