Plan Ledger DOL Form 5500 · updated monthly

Pny Technologies, Inc.401(k)

PNY TECHNOLOGIES, INC. 401(K) EMPLOYEE SAVINGS PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Pny Technologies, Inc. reported $15,285 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,219 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 0.030%. 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 545th-largest of 2,419 plans among New Jersey employers on file, and the 2,958th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,432,620
Participants with balances355
Active participants177
Employer contributions$746,803
Employee contributions$1,503,921
Employer contribution per active participant$4,219
Average account balance$153,331
Benefits paid to participants$1,997,402
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.4M · 355 accts · $747K emplr
2023$46.2M · 350 accts · $741K emplr
2022$39.9M · 353 accts · $607K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,663
Investment management$13,622
Total administrative$15,285
The Pny Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,219
Median for plans this size$3,635
2024$4,219 per active participant
2023$4,185 per active participant
2022$3,549 per active participant

Pny Technologies, 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,622
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,663

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$15,285 · 0.03%
2023$17,675 · 0.04%
2022$14,036 · 0.03%
Same employer
Similar plansManufacturing · New Jersey
Elkem Silicones USA Corp. NJ$61.5M · 0.18%
Kedrion Biopharma, Inc. NJ$61.3M · 0.34%
Pmc Group N.A., Inc. NJ$59.8M · 0.17%
Comar, LLC NJ$59.6M · 0.24%
Renaissance Lakewood, LLC NJ$53.2M · 0.32%
Hartz Mountain Corporation NJ$51.7M · 0.16%
Astrodyne Corporation NJ$51.5M · 0.17%
Ekaterra 401(K) Plan NJ$50.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112724278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.