Plan Ledger DOL Form 5500 · updated monthly

Premier Infrastructure401(k)

PREMIER INFRASTRUCTURE 401(K) PLAN · BOHEMIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Premier Infrastructure reported $26,538 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,448 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 0.78% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,748th of 5,648), and 10,304th of 11,654 in professional & technical services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,652,172
Participants with balances231
Active participants159
Employer contributions$389,169
Employee contributions$539,094
Employer contribution per active participant$2,448
Average account balance$15,810
Benefits paid to participants$200,592
Plan auditUnmodified (clean) audit opinion
AuditorMJCO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 231 accts · $389K emplr
2023$2.5M · 226 accts · $494K emplr
2022$1.2M · 191 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,538
Total administrative$26,538
The Premier Infrastructure 401(k) match · 2024
Employer contribution per active participant$2,448
Median for plans this size$1,313
2024$2,448 per active participant
2023$2,976 per active participant
2022$1,833 per active participant

Premier Infrastructure'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.

Administrative cost history3
2024$26,538 · 0.86%
2023$15,158 · 0.80%
2022$6,608 · 0.78%
Same employer
Similar plansProfessional & Technical Services · New York
Bpa International, Inc NY$3.8M · 0.52%
Small Girls Pr NY$3.7M · 0.58%
Corner Table Restaurants NY$3.7M · 0.41%
Nogin Commerce, LLC NY$3.5M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842022629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.