Plan Ledger DOL Form 5500 · updated monthly

Pregel America, Inc.401(k)

PREGEL AMERICA 401(K) PLAN · CONCORD, NC · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Pregel America, Inc. reported $28,413 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,608 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 0.03% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in North Carolina (1,629th of 2,005), and 722nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,321,596
Participants with balances120
Active participants73
Employer contributions$190,365
Employee contributions$203,961
Employer contribution per active participant$2,608
Average account balance$27,680
Benefits paid to participants$509,720
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 120 accts · $190K emplr
2022$2.6M · 94 accts · $85K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$28,413
Total administrative$28,413
The Pregel America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,608
Median for plans this size$1,313
2024$2,608 per active participant
2022$1,196 per active participant

Pregel America, Inc.'s 2024 employer contribution ran above the $1,313 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.

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 · 202410
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$28,413
FIDELITY · Investment managementindirect comp
PIMCO · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
LOOMIS SAYLES · Investment managementindirect comp
VANGUARD · Investment managementindirect comp
TIAA · Investment managementindirect comp
MACQUARIE MID · Investment managementindirect comp
JPMORGAN · Investment managementindirect comp
PUTNAM · Investment managementindirect comp

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

Administrative cost history2
2024$28,413 · 0.89%
2022$792 · 0.03%
Similar plansAgriculture, Forestry & Fishing · North Carolina
Agdata, L.P. NC$23.0M · 0.19%
Duplin Wine Cellars, Inc NC$10.8M · 0.23%
Cahec Management, Inc. NC$9.3M · 0.54%
Baucom's Nursery Company NC$4.7M · 0.25%
Prestige Farms, Inc. NC$3.0M · 0.14%
Van Wingerden Intl, Inc. NC$2.9M · 0.61%
N. G. Purvis Farms, Inc. NC$2.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562252404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.