Plan Ledger DOL Form 5500 · updated monthly

Pm Environmental, Inc.401(k)

PM ENVIRONMENTAL, INC. 401K PLAN · LANSING, MI · plan year 2023

Employer contribution per participant · 2023
$3,161

Pm Environmental, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,668,631 across 142 participant accounts, with employer contributions averaging $3,161 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,425th of 2,619), and 7,483rd of 11,654 in professional & technical services. In 2023, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,668,631
Participants with balances142
Active participants88
Employer contributions$278,185
Employee contributions$676,337
Employer contribution per active participant$3,161
Average account balance$82,173
Benefits paid to participants$895,393
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 138 accts · $258K emplr
2023$11.7M · 142 accts · $278K emplr
2022$10.0M · 146 accts · $286K emplr
The Pm Environmental, Inc. 401(k) match · 2023
Employer contribution per active participant$3,161
Median for plans this size$2,440
2024$3,531 per active participant
2023$3,161 per active participant
2022$3,015 per active participant

Pm Environmental, Inc.'s 2023 employer contribution ran above the $2,440 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.

Service providers · 20233
CLAYTON & MCKERVEY PC · Accounting / audit$5,500
KUSHNER & COMPANY · Contract administrator$3,360

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$10,052 · 0.09%
2023Not separately reported
2022Not separately reported
Same employer
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Attendance on Demand, Inc. MI$12.0M · 0.68%
Hook Studios LLC MI$12.0M · 0.12%
Rgbsi, Inc. MI$11.8M · 0.21%
Iri Consultants, Inc. MI$11.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383052632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.