Plan Ledger DOL Form 5500 · updated monthly

Pioneer Works, Inc401(k)

PIONEER WORKS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Pioneer Works, Inc reported $11,323 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,717 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 0.16% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,518th of 9,483), and 8,058th of 11,654 in professional & technical services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has shrunk from 180 to 162 since 2022.

Plan summary
Net assets, end of year$9,794,839
Participants with balances265
Active participants162
Employer contributions$764,229
Employee contributions$1,414,243
Employer contribution per active participant$4,717
Average account balance$36,962
Benefits paid to participants$1,516,534
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 265 accts · $764K emplr
2023$7.5M · 257 accts · $733K emplr
2022$4.5M · 300 accts · $673K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,496
Investment management$6,827
Total administrative$11,323
The Pioneer Works, Inc 401(k) match · 2024
Employer contribution per active participant$4,717
Median for plans this size$1,313
2024$4,717 per active participant
2023$4,497 per active participant
2022$3,738 per active participant

Pioneer Works, Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
GUIDELINE, INC. · Recordkeeping · Consulting$10,289
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect 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
2024Guideline
2023Guideline

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

Administrative cost history3
2024$11,323 · 0.13%
2023$8,918 · 0.15%
2022$6,642 · 0.16%
Same employer
Similar plansProfessional & Technical Services · California
U.S. Cad CA$9.8M · 0.76%
Italent Corporation CA$9.8M · 0.54%
Americor Funding CA$9.8M · 0.53%
Healthtrio LLC CA$9.8M · 0.57%
Hawk Acquisition, Inc. CA$9.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462696776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.