Plan Ledger DOL Form 5500 · updated monthly

Primary Products Ingredients Americas, LLC401(k)

PRIMIENT SALARIED COMPREHENSIVE RETIREMENT PLAN · DECATUR, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Primary Products Ingredients Americas, LLC reported $220,444 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $7,045 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 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 312th-largest of 3,702 plans among Illinois employers on file, and the 1,104th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,170,873
Participants with balances1,302
Active participants1,148
Employer contributions$8,087,403
Employee contributions$11,622,785
Employer contribution per active participant$7,045
Average account balance$166,030
Benefits paid to participants$20,268,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$216.2M · 1,302 accts · $8.1M emplr
2023$187.6M · 1,256 accts · $8.2M emplr
2022$154.9M · 1,143 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,164
Investment management$30,280
Total administrative$220,444
The Primary Products Ingredients Americas, LLC 401(k) match · 2024
Employer contribution per active participant$7,045
Median for plans this size$3,635
2024$7,045 per active participant
2023$7,348 per active participant
2022$6,083 per active participant

Primary Products Ingredients Americas, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$190,165
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$30,280

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$220,444 · 0.11%
2023$182,740 · 0.11%
2022$135,958 · 0.09%
All plans at this employer3
PRIMIENT SALARIED COMPREHENSIVE RETIREMENT PLAN401(k)
PRIMIENT HOURLY SAVINGS AND INVESTMENT PLAN401(k)
PRIMIENT HOURLY COMPREHENSIVE RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Wheatland Tube, LLC IL$223.4M · 0.06%
Maclean-Fogg Company IL$217.3M · 0.18%
Ferrara Candy Company IL$217.3M · 0.23%
Hormel Foods Corporation IL$209.6M · 0.13%
Knowles Corporation IL$204.5M · 0.14%
Nortek, Inc. IL$204.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371168475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.