Plan Ledger DOL Form 5500 · updated monthly

PNC, Inc.401(k)

PNC, INC. 401(K) RETIREMENT PLAN · POLO, IL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

PNC, Inc. reported $44,650 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $446 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 0.42% to 0.50%. 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 Illinois (2,450th of 3,702), and 9,088th of 13,661 in manufacturing. In 2024, employees put in $5.36 for every $1.00 the employer contributed; active participation has shrunk from 123 to 97 since 2022.

Plan summary
Net assets, end of year$9,321,922
Participants with balances113
Active participants97
Employer contributions$43,220
Employee contributions$231,579
Employer contribution per active participant$446
Average account balance$82,495
Benefits paid to participants$489,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 113 accts · $43K emplr
2023$8.5M · 122 accts · $46K emplr
2022$7.3M · 139 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,082
Investment management$16,762
Trustee / custodial$5,021
Total administrative$44,650
The PNC, Inc. 401(k) match · 2024
Employer contribution per active participant$446
Median for plans this size$1,313
2024$446 per active participant
2023$390 per active participant
2022$400 per active participant

PNC, Inc.'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
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$42,915

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$44,650 · 0.50%
2023$38,427 · 0.49%
2022$35,149 · 0.42%
Same employer
Similar plansManufacturing · Illinois
Kauffman Engineering, LLC IL$9.5M · 0.09%
Round Ground Metals, Inc. IL$9.4M · 0.02%
Big Bolt, LLC IL$9.3M · 0.24%
Sko-Die, Inc. IL$9.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363142921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.