Plan Ledger DOL Form 5500 · updated monthly

Pioneer Resources, Inc.403(b)

403(B) RETIREMENT PLAN OF PIONEER RESOURCES, INC. · MUSKEGON, MI · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Pioneer Resources, Inc. reported $17,184 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $545 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 fell from 1.06% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,375th of 2,619), and 10,145th of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 165 to 142 since 2022.

Plan summary
Net assets, end of year$1,891,038
Participants with balances123
Active participants142
Employer contributions$77,411
Employee contributions$162,003
Employer contribution per active participant$545
Average account balance$15,374
Benefits paid to participants$418,749
Plan auditUnmodified (clean) audit opinion
AuditorBRICKLEY DELONG
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 123 accts · $77K emplr
2023$1.9M · 161 accts · $94K emplr
2022$1.5M · 159 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,184
Total administrative$17,184
Employer contributions to the Pioneer Resources, Inc. plan · 2024
Employer contribution per active participant$545
Median for plans this size$1,313
2024$545 per active participant
2023$548 per active participant
2022$345 per active participant

Pioneer Resources, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$326
LINCOLN NATIONAL CORPORATION · Contract administrator$11,315
MERRILL LYNCH · Investment advisory (plan)$5,543

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$17,184 · 0.91%
2023$18,900 · 1.11%
2022$18,055 · 1.06%
Similar plansHealth Care & Social Assistance · Michigan
Eagle Village, Inc. MI$1.9M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381367329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.