Plan Ledger DOL Form 5500 · updated monthly

Pon North America, Inc.401(k)

PON NORTH AMERICA INC. DEFINED CONTRIBUTION PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Pon North America, Inc. reported $161,684 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,237 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 0.36% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 565th-largest of 5,688 plans among Texas employers on file, and the 188th of 786 in management of companies. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,805,055
Participants with balances1,551
Active participants1,724
Employer contributions$3,855,847
Employee contributions$9,633,473
Employer contribution per active participant$2,237
Average account balance$75,954
Benefits paid to participants$13,422,751
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.8M · 1,551 accts · $3.9M emplr
2023$78.5M · 869 accts · $1.8M emplr
2022$4.3M · 42 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,684
Total administrative$161,684
The Pon North America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,237
Median for plans this size$3,635
2024$2,237 per active participant
2023$2,201 per active participant
2022$1,689 per active participant

Pon North America, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$161,684
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$161,684 · 0.16%
2023$113,971 · 0.28%
2022$289,143 · 0.36%
Same employer
Similar plansManagement of Companies · Texas
Hunting U.S. Holdings, Inc. TX$194.0M · 0.14%
Equipment Depot, Inc. TX$155.2M · 0.22%
Atlantic Aviation Fbo Inc. TX$109.9M · 0.20%
Pvi Holdings, Inc. TX$107.8M · 0.20%
Acuity Eyecare Holdings, LLC TX$102.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133921166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.