Power Pallet Inc401(k)
POWER PALLET INC 401(K) PROFIT SHARING PLAN & TRUST · AMSTERDAM, NY · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Power Pallet Inc reported $9,633 in plan administrative expenses for 2022: 1.08% of average plan assets, above the peer median. Employer contributions averaged $1,459 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.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (5,347th of 5,648), and 13,277th of 13,661 in manufacturing. In 2022, employees put in $1.72 for every $1.00 the employer contributed.
Power Pallet Inc's 2022 employer contribution ran above the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 141622365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.