Plan Ledger DOL Form 5500 · updated monthly

Precision Tools Service, Inc.401(k)

PTS GROUP SAVINGS PLAN · COLUMBUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Precision Tools Service, Inc. reported $50,589 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,781 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 0.42% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 746th-largest of 1,562 plans among Indiana employers on file, and 2,468th of 4,246 in wholesale trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 150 to 239 since 2022.

Plan summary
Net assets, end of year$14,009,801
Participants with balances227
Active participants239
Employer contributions$425,610
Employee contributions$764,014
Employer contribution per active participant$1,781
Average account balance$61,717
Benefits paid to participants$447,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 227 accts · $426K emplr
2023$11.7M · 207 accts · $367K emplr
2022$9.9M · 180 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,589
Total administrative$50,589
The Precision Tools Service, Inc. 401(k) match · 2024
Employer contribution per active participant$1,781
Median for plans this size$2,416
2024$1,781 per active participant
2023$2,050 per active participant
2022$2,165 per active participant

Precision Tools Service, Inc.'s 2024 employer contribution ran below the $2,416 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$45,966
BLUE BENEFITS CONSULTING, INC · Contract administrator · Other services$4,100
RBC CAPITAL MARKETS, 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$50,589 · 0.39%
2023$43,788 · 0.41%
2022$43,354 · 0.42%
Same employer
Similar plansWholesale Trade · Indiana
National Oil and Gas, Inc. IN$15.5M · 0.29%
Accutemp Products, Inc. IN$15.5M · 0.56%
Central Products, LLC IN$14.9M · 0.63%
Brehob Corporation IN$13.7M · 0.45%
Lensing Wholesale Inc. IN$13.2M · 0.39%
Lee Supply Corp. IN$12.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351752977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.