Plan Ledger DOL Form 5500 · updated monthly

Premier Technology, Inc.401(k)

PREMIER TECHNOLOGY, INC. 401(K) PLAN · BLACKFOOT, ID · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Premier Technology, Inc. reported $87,480 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,514 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 0.633%. 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 128th-largest of 349 plans among Idaho employers on file, and 7,178th of 13,661 in manufacturing. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 286 to 249 since 2022.

Plan summary
Net assets, end of year$14,692,767
Participants with balances338
Active participants249
Employer contributions$377,039
Employee contributions$939,474
Employer contribution per active participant$1,514
Average account balance$43,470
Benefits paid to participants$1,272,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 338 accts · $377K emplr
2023$12.9M · 365 accts · $395K emplr
2022$10.3M · 358 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,505
Investment management$32,975
Total administrative$87,480
The Premier Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$1,514
Median for plans this size$2,416
2024$1,514 per active participant
2023$1,304 per active participant
2022$1,246 per active participant

Premier Technology, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$32,975

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$87,480 · 0.63%
2023$72,119 · 0.62%
2022$70,822 · 0.63%
Same employer
Similar plansManufacturing · Idaho
Nxedge, Inc. ID$18.6M · 0.07%
Raycap, Inc. ID$17.7M · 0.08%
Idaho Timber, LLC ID$17.0M · 0.61%
Omnipure Filter Co., Inc. ID$15.1M · 0.78%
Advanced Input Devices, Inc ID$13.9M · 0.01%
T R Toppers, Inc. ID$13.6M · 0.58%
Idaho Pacific Holdings ID$13.1M · 0.79%
Buck Knives, Inc. ID$12.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820495019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.