Plan Ledger DOL Form 5500 · updated monthly

Premier Research International LLC401(k)

PREMIER RESEARCH INTERNATIONAL, LLC 401(K) PLAN · MORRISVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Premier Research International LLC reported $144,881 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,364 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 0.14% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 175th-largest of 2,005 plans among North Carolina employers on file, and the 1,313th of 11,654 in professional & technical services. In 2024, employees put in $3.65 for every $1.00 the employer contributed; active participation has shrunk from 1,029 to 925 since 2022.

Plan summary
Net assets, end of year$116,131,254
Participants with balances1,480
Active participants925
Employer contributions$3,111,245
Employee contributions$11,342,243
Employer contribution per active participant$3,364
Average account balance$78,467
Benefits paid to participants$17,691,605
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.1M · 1,480 accts · $3.1M emplr
2023$103.5M · 1,623 accts · $3.0M emplr
2022$79.3M · 1,601 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,881
Total administrative$144,881
The Premier Research International LLC 401(k) match · 2024
Employer contribution per active participant$3,364
Median for plans this size$3,635
2024$3,364 per active participant
2023$2,794 per active participant
2022$3,082 per active participant

Premier Research International LLC's 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$144,881

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$144,881 · 0.13%
2023$115,221 · 0.13%
2022$108,886 · 0.14%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Avidxchange, Inc. NC$120.5M · 0.24%
Ward and Smith, P.A. NC$119.5M · 0.12%
S&Me, Inc. NC$117.9M · 0.14%
Kbi Biopharma, Inc. NC$112.2M · 0.20%
Ncino, Inc. NC$110.3M · 0.01%
Channeladvisor Corporation NC$109.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262481486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.