Plan Ledger DOL Form 5500 · updated monthly

Premier Asset Logistics Network LLC401(k)

PALNET 401(K) PLAN · WILLIAMSTOWN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Premier Asset Logistics Network LLC reported $9,035 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $942 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (2,110th of 2,419), and 4,002nd of 4,246 in wholesale trade. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,341,436
Participants with balances165
Active participants149
Employer contributions$140,426
Employee contributions$203,414
Employer contribution per active participant$942
Average account balance$14,191
Benefits paid to participants$272,191
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $28K emplr
2022$2.3M · 165 accts · $140K emplr
Administrative expenses, itemized · 2022
Professional / advisory$9,035
Total administrative$9,035
The Premier Asset Logistics Network LLC 401(k) match · 2022
Employer contribution per active participant$942
Median for plans this size$1,114

Premier Asset Logistics Network LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$9,035 · 0.36%
Similar plansWholesale Trade · New Jersey
Durst Corporation Inc NJ$2.8M · 0.32%
Sakar International Inc. NJ$2.7M · 1.05%
Dartagnan Inc. NJ$2.3M · 0.85%
Dade Paper & Bag, LLC NJ$2.2M · 1.41%
Everflow Supplies Inc NJ$2.1M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201470266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.