Premier Magnesia LLC401(k)

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

Premier Magnesia LLC reported $30,639 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,345 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 3 years on file its reported administrative ratio has held roughly steady near 0.098%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 522nd-largest of 2,005 plans among North Carolina employers on file, and the 4,194th of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 455 to 742 since 2022.