Plan Ledger DOL Form 5500 · updated monthly

Pioneer Products, Inc.401(k)

PIONEER PRODUCTS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · RACINE, WI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Pioneer Products, Inc. reported $52,627 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $780 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 0.46% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,360th of 1,936), and 9,323rd of 13,661 in manufacturing. In 2024, employees put in $4.07 for every $1.00 the employer contributed; active participation has shrunk from 164 to 115 since 2022.

Plan summary
Net assets, end of year$8,797,063
Participants with balances125
Active participants115
Employer contributions$89,676
Employee contributions$365,395
Employer contribution per active participant$780
Average account balance$70,377
Benefits paid to participants$1,146,452
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 125 accts · $90K emplr
2023$8.6M · 129 accts · $59K emplr
2022$8.2M · 133 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,627
Total administrative$52,627
The Pioneer Products, Inc. 401(k) match · 2024
Employer contribution per active participant$780
Median for plans this size$1,313
2024$780 per active participant
2023$413 per active participant
2022$204 per active participant

Pioneer Products, Inc.'s 2024 employer contribution ran below 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$46,004
PPG RETIREMENT PLAN SERVICES, LTD. · Recordkeeping · Loan processing$2,169
LEAFHOUSE FINANCIAL ADVISORS · Investment advisory (plan)$5,097
LPL FINANCIAL CORPORATION · Insurance broker · Insurance servicesindirect 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
2024PPG RETIREMENT PLAN SERVICES, LTD., Transamerica
2023PPG RETIREMENT PLAN SERVICES, LTD., Transamerica

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

Administrative cost history3
2024$52,627 · 0.61%
2023$53,974 · 0.64%
2022$46,356 · 0.46%
Same employer
Similar plansManufacturing · Wisconsin
Ksp Group, Inc. WI$8.9M · 0.50%
N.E.W. Industries, Inc. WI$8.9M · 0.05%
Oshkosh Door Company WI$8.9M · 0.08%
Meca Solutions, LLC WI$8.7M · 0.68%
Artisans, Inc. WI$8.6M · 0.46%
Milwaukee Forge, LLC WI$8.5M · 0.44%
Wrought Washer Mfg., Inc. WI$8.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391078454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.