Plan Ledger DOL Form 5500 · updated monthly

Pmx Industries, Inc.401(k)

PMX INDUSTRIES, INC. 401(K) RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Pmx Industries, Inc. reported $147,460 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,346 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 0.25% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 140th-largest of 878 plans among Iowa employers on file, and the 2,548th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,706,634
Participants with balances472
Active participants368
Employer contributions$1,599,368
Employee contributions$2,780,244
Employer contribution per active participant$4,346
Average account balance$141,328
Benefits paid to participants$5,369,487
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$66.7M · 472 accts · $1.6M emplr
2023$60.5M · 470 accts · $1.5M emplr
2022$54.9M · 491 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,460
Total administrative$147,460
The Pmx Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,346
Median for plans this size$3,635
2024$4,346 per active participant
2023$4,115 per active participant
2022$3,922 per active participant

Pmx Industries, Inc.'s 2024 employer contribution ran above the $3,635 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.

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$147,460
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$147,460 · 0.23%
2023$129,641 · 0.22%
2022$150,238 · 0.25%
Same employer
Similar plansManufacturing · Iowa
Lisle Corporation IA$75.1M · 0.02%
Centro, Inc. IA$74.1M · 0.21%
National Carwash Solutions IA$71.6M · 0.31%
M.A. Ford Mfg. Co., Inc. IA$71.5M · 0.02%
Ligon Industries IA$65.2M · 0.57%
Gelita USA, Inc. IA$64.0M · 0.13%
Frontier Cooperative IA$64.0M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943105200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.