Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Services, L.L.C.401(k)

PINNACLE 401(K) PLAN · CHRISTIANSTED, VI · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Pinnacle Services, L.L.C. reported $62,044 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,880 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 3 years on file its reported administrative ratio has held roughly steady near 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is the 6th-largest of 13 plans among VI employers on file, and the 1,156th of 2,534 in administrative & support services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 62 to 78 since 2022.

Plan summary
Net assets, end of year$7,839,662
Participants with balances131
Active participants78
Employer contributions$146,676
Employee contributions$378,037
Employer contribution per active participant$1,880
Average account balance$59,845
Benefits paid to participants$594,184
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 131 accts · $147K emplr
2023$6.9M · 141 accts · $90K emplr
2022$6.2M · 145 accts · $103K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,629
Investment management$21,626
Trustee / custodial$3,789
Total administrative$62,044
The Pinnacle Services, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,880
Median for plans this size$1,313
2024$1,880 per active participant
2023$1,364 per active participant
2022$1,654 per active participant

Pinnacle Services, L.L.C.'s 2024 employer contribution ran above the $1,313 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 · 20241
INGHAM & COMPANY · Contract administrator · Recordkeeping$63,721

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

Recordkeeper by year2
2024INGHAM & COMPANY
2023INGHAM & COMPANY

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Administrative cost history3
2024$62,044 · 0.84%
2023$54,740 · 0.84%
2022$63,437 · 0.87%
Similar plansAdministrative & Support Services · VI
Terra Staffing Group WA$7.9M · 0.15%
Discount Dumpsters, LLC NV$7.9M · 0.63%
Res Servicing Corp NY$7.9M · 0.53%
Decypher Technologies LTD TX$7.8M · 0.56%
Synergis GA$7.8M · 0.91%
Gdi Services Inc. IL$7.8M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753022347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.