Plan Ledger DOL Form 5500 · updated monthly

Pmc Corporation401(k)

PMC CORPORATION EMPLOYEES' PROFIT SHARING AND 401(K) PLAN · CLINTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Pmc Corporation reported $4,395 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $274 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 0.61% to 0.32%. 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 South Carolina (726th of 807), and 13,082nd of 13,661 in manufacturing. In 2024, employees put in $5.10 for every $1.00 the employer contributed; active participation has grown from 67 to 79 since 2022.

Plan summary
Net assets, end of year$1,454,216
Participants with balances112
Active participants79
Employer contributions$21,607
Employee contributions$110,177
Employer contribution per active participant$274
Average account balance$12,984
Benefits paid to participants$119,250
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 112 accts · $22K emplr
2023$1.3M · 122 accts · $18K emplr
2022$1.2M · 119 accts · $17K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,395
Total administrative$4,395
The Pmc Corporation 401(k) match · 2024
Employer contribution per active participant$274
Median for plans this size$1,313
2024$274 per active participant
2023$240 per active participant
2022$260 per active participant

Pmc Corporation'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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$4,395

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$4,395 · 0.32%
2023$4,170 · 0.33%
2022$8,643 · 0.61%
Same employer
Similar plansManufacturing · South Carolina
Fiber Industries SC$1.7M · 0.17%
Sundaram Clayton USA, LLC SC$1.7M · 2.97%
Marley Lilly, LLC SC$1.4M · 1.57%
Isringhausen, Inc. SC$1.3M · 1.59%
Fukoku America, Inc SC$1.0M · 1.19%
Oppermann Webbing, Inc. SC$942K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570659308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.