Plan Ledger DOL Form 5500 · updated monthly

Pioneer Manufacturing Company, Inc.401(k)

PIONEER MANUFACTURING COMPANY, INC. 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Pioneer Manufacturing Company, Inc. reported $20,141 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,575 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 0.04% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,219th-largest of 3,295 plans among Ohio employers on file, and the 5,491st of 13,661 in manufacturing. In 2024, employees put in $4.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,495,469
Participants with balances122
Active participants111
Employer contributions$285,784
Employee contributions$1,242,751
Employer contribution per active participant$2,575
Average account balance$184,389
Benefits paid to participants$3,317,015
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 122 accts · $286K emplr
2023$21.6M · 122 accts · $278K emplr
2022$17.6M · 114 accts · $273K emplr
The Pioneer Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,575
Median for plans this size$2,416
2024$2,575 per active participant
2023$2,506 per active participant
2022$2,602 per active participant

Pioneer Manufacturing Company, 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 · 20245
T. ROWE PRICE RPS, INC · Recordkeeping · Trustee$31,277
VANGUARD GROUP · Investment managementindirect comp
BLACKROCK FUNDS · Investment managementindirect comp
TRANSAMERICA FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$20,141 · 0.09%
2023$4,323 · 0.02%
2022$7,550 · 0.04%
Similar plansManufacturing · Ohio
Kirkwood Holding Inc. OH$23.1M · 0.35%
Kaufman Container Company OH$22.7M · 0.17%
Cornerstone Wauseon, Inc. OH$22.4M · 0.02%
United Initiators, Inc. OH$22.3M · 0.24%
Yusa Corporation OH$22.3M · 0.39%
Multi-Plastics, Inc. OH$22.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340464240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.