Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Employee Services, LLC401(k)

PINNACLE EMPLOYEE SERVICES, LLC 401(K) AND PROFIT SHARING PLAN · EAST SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Pinnacle Employee Services, LLC reported $80,495 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $489 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 0.18% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,757th-largest of 5,648 plans among New York employers on file, and the 407th of 2,534 in administrative & support services. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 1,043 to 2,521 since 2022.

Plan summary
Net assets, end of year$34,943,531
Participants with balances888
Active participants2,521
Employer contributions$1,233,184
Employee contributions$3,401,842
Employer contribution per active participant$489
Average account balance$39,351
Benefits paid to participants$2,735,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.9M · 888 accts · $1.2M emplr
2023$25.8M · 812 accts · $944K emplr
2022$15.4M · 590 accts · $624K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,833
Investment management$180
Audit (IQPA)$22,482
Total administrative$80,495
The Pinnacle Employee Services, LLC 401(k) match · 2024
Employer contribution per active participant$489
Median for plans this size$2,416
2024$489 per active participant
2023$478 per active participant
2022$599 per active participant

Pinnacle Employee Services, 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 · 20242
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$57,833
BONADIO & CO. CPA'S LLP · Accounting / audit$22,482

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$80,495 · 0.26%
2023$73,262 · 0.36%
2022$44,212 · 0.18%
Same employer
Similar plansAdministrative & Support Services · New York
Sps North America Inc. NY$43.1M · 1.54%
Cpacom Inc NY$31.5M · 0.01%
Emplova, LLC NY$29.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471368882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.