Plan Ledger DOL Form 5500 · updated monthly

Pla Buyer, LLC401(k)

PLA 401(K) PLAN · ADDISON, TX · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Pla Buyer, LLC reported $98,845 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $586 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 0.47% to 0.90%. 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 2,522nd-largest of 5,688 plans among Texas employers on file, and 7,318th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 837 to 2,115 since 2022.

Plan summary
Net assets, end of year$14,221,925
Participants with balances645
Active participants2,115
Employer contributions$1,239,323
Employee contributions$2,067,077
Employer contribution per active participant$586
Average account balance$22,049
Benefits paid to participants$3,619,415
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 645 accts · $1.2M emplr
2023$7.8M · 199 accts · $555K emplr
2022$5.7M · 175 accts · $442K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,023
Investment management$21,822
Total administrative$98,845
The Pla Buyer, LLC 401(k) match · 2024
Employer contribution per active participant$586
Median for plans this size$2,416
2024$586 per active participant
2023$629 per active participant
2022$528 per active participant

Pla Buyer, LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,783
CREATIVE PLANNING, LLC · Investment advisory (plan)$21,822
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$98,845 · 0.90%
2023$36,159 · 0.54%
2022$26,419 · 0.47%
Same employer
Similar plansManufacturing · Texas
Epsilyte Holdings, LLC TX$14.3M · 0.40%
Kaspar Wire Works, Inc. TX$14.2M · 0.23%
Vp Racing Fuels, Inc. TX$14.1M · 0.51%
U.S. Zinc Corporation TX$14.1M · 0.49%
Steves & Sons Inc. TX$14.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811557045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.