Plan Ledger DOL Form 5500 · updated monthly

Pmi Global Services Inc401(k)

PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pmi Global Services Inc reported $74,119 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,001 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 3 years on file its reported administrative ratio has held roughly steady near 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 80th-largest of 1,106 plans among Connecticut employers on file, and the 843rd of 13,661 in manufacturing. In 2024, the employer put in $1.82 for every $1.00 employees contributed themselves; active participation has grown from 247 to 366 since 2022.

Plan summary
Net assets, end of year$303,472,705
Participants with balances637
Active participants366
Employer contributions$9,150,399
Employee contributions$5,037,409
Employer contribution per active participant$25,001
Average account balance$476,409
Benefits paid to participants$42,222,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$303.5M · 637 accts · $9.2M emplr
2023$280.9M · 568 accts · $7.3M emplr
2022$274.3M · 514 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,470
Total administrative$74,119
The Pmi Global Services Inc 401(k) match · 2024
Employer contribution per active participant$25,001
Median for plans this size$4,294
2024$25,001 per active participant
2023$24,116 per active participant
2022$16,993 per active participant

Pmi Global Services Inc's 2024 employer contribution ran above the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,274
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,964

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$74,119 · 0.03%
2023$66,764 · 0.02%
2022$73,991 · 0.02%
Same employer
Similar plansManufacturing · Connecticut
The Lee Company CT$449.3M
Barnes Group, Inc. CT$320.1M · 0.09%
Element Solutions Inc CT$311.2M · 0.08%
Quadient Inc. CT$282.5M · 0.11%
Trumpf Inc. CT$277.0M · 0.06%
Tronox Incorporated CT$261.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030494952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.