Plan Ledger DOL Form 5500 · updated monthly

Primanti Corporation401(k)

PRIMANTI CORPORATION 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
1.54%

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

Primanti Corporation reported $87,999 in plan administrative expenses for 2024: 1.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $837 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 0.58% to 1.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Pennsylvania (2,693rd of 3,651), and the 764th of 2,240 in accommodation & food services. In 2024, employees put in $6.28 for every $1.00 the employer contributed; active participation has shrunk from 673 to 236 since 2022.

Plan summary
Net assets, end of year$6,453,992
Participants with balances308
Active participants236
Employer contributions$197,527
Employee contributions$1,240,638
Employer contribution per active participant$837
Average account balance$20,955
Benefits paid to participants$669,152
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 308 accts · $198K emplr
2023$5.0M · 729 accts · $201K emplr
2022$4.0M · 715 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,546
Total administrative$87,999
The Primanti Corporation 401(k) match · 2024
Employer contribution per active participant$837
Median for plans this size$1,313
2024$837 per active participant
2023$269 per active participant
2022$283 per active participant

Primanti Corporation's 2024 employer contribution ran below the $1,313 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 · 20243
LOUIS PLUNG & COMPANY$14,000
CARNEGIE INVESTMENT COUNCEL$5,633

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$87,999 · 1.54%
2023$32,069 · 0.71%
2022$25,260 · 0.58%
Same employer
Similar plansAccommodation & Food Services · Pennsylvania
G. F. Management, LLC PA$8.9M · 0.10%
Elior Cty, LLC PA$6.7M · 0.48%
Skytop Lodge Corporation PA$5.3M · 0.52%
Cescaphe Limited, LLC PA$5.2M · 0.90%
Crown American Associates PA$4.7M · 0.37%
Chickies and Petes Inc PA$4.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900916427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.