Plan Ledger DOL Form 5500 · updated monthly

Premier Thermal Solutions, LLC401(k)

PREMIER THERMAL SOLUTIONS, LLC 401(K) PLAN · LANSING, MI · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Premier Thermal Solutions, LLC reported $54,944 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $3,575 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,099th-largest of 2,619 plans among Michigan employers on file, and the 6,255th of 13,661 in manufacturing. In 2022, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,365,779
Participants with balances263
Active participants210
Employer contributions$750,719
Employee contributions$1,172,233
Employer contribution per active participant$3,575
Average account balance$69,832
Benefits paid to participants$1,384,223
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $394K emplr
2022$18.4M · 263 accts · $751K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$54,944
Total administrative$54,944
The Premier Thermal Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$3,575
Median for plans this size$2,266

Premier Thermal Solutions, LLC's 2022 employer contribution ran above the $2,266 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$54,944 · 0.28%
Similar plansManufacturing · Michigan
Po Lighting USA, Inc. MI$18.6M · 0.39%
Avasure Opco Holdings, Inc. MI$18.3M · 0.12%
Eos of North America, Inc. MI$18.3M · 0.20%
Wirtz Holding Company, Inc. MI$18.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813828429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.