Plan Ledger DOL Form 5500 · updated monthly

Pioneer Industries International, Inc.401(k)

PIONEER INDUSTRIES INTERNATIONAL, INC. 401(K) RETIREMENT SAVINGS PLAN · NEW BRIGHTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Pioneer Industries International, Inc. reported $82,444 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,065 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 0.27% to 0.45%. 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 934th-largest of 1,918 plans among Minnesota employers on file, and the 2,002nd of 4,246 in wholesale trade. In 2024, employees put in $6.27 for every $1.00 the employer contributed; active participation has shrunk from 180 to 154 since 2022.

Plan summary
Net assets, end of year$18,783,371
Participants with balances174
Active participants154
Employer contributions$164,007
Employee contributions$1,027,665
Employer contribution per active participant$1,065
Average account balance$107,950
Benefits paid to participants$3,011,020
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 174 accts · $164K emplr
2023$18.2M · 177 accts · $161K emplr
2022$15.1M · 182 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,763
Investment management$41,460
Trustee / custodial$19,221
Total administrative$82,444
The Pioneer Industries International, Inc. 401(k) match · 2024
Employer contribution per active participant$1,065
Median for plans this size$2,416
2024$1,065 per active participant
2023$899 per active participant
2022$874 per active participant

Pioneer Industries International, Inc.'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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$63,223
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$19,221

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$82,444 · 0.45%
2023$63,113 · 0.38%
2022$45,582 · 0.27%
Same employer
Similar plansWholesale Trade · Minnesota
Wheeler Consolidated, Inc. MN$18.9M · 0.28%
Nuway-K&H Cooperative MN$18.8M · 0.42%
Total Tool Supply, Inc. MN$18.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275272869 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.