Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Renewable Holdings (USA) Inc.401(k)

PINNACLE RENEWABLE ENERGY - USA 401(K) PLAN · ALICEVILLE, AL · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Pinnacle Renewable Holdings (USA) Inc. reported $3,183 in plan administrative expenses for 2023: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,314 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 fell from 0.94% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (768th of 902), and 12,555th of 13,661 in manufacturing. In 2023, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 82 to 105 since 2022.

Plan summary
Net assets, end of year$2,516,155
Participants with balances176
Active participants105
Employer contributions$242,991
Employee contributions$394,530
Employer contribution per active participant$2,314
Average account balance$14,296
Benefits paid to participants$317,377
Plan auditUnmodified (clean) audit opinion
AuditorHLB GROSS COLLINS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$2.5M · 176 accts · $243K emplr
2022$1.8M · 148 accts · $299K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,183
Total administrative$3,183
The Pinnacle Renewable Holdings (USA) Inc. 401(k) match · 2023
Employer contribution per active participant$2,314
Median for plans this size$1,308
2023$2,314 per active participant
2022$3,642 per active participant

Pinnacle Renewable Holdings (USA) Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023$3,183 · 0.15%
2022$16,568 · 0.94%
Similar plansManufacturing · Alabama
Coachcomm, LLC AL$2.5M · 0.50%
Lee Brass Foundry, LLC AL$2.3M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 981449121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.