Plan Ledger DOL Form 5500 · updated monthly

Principle Enterprises, LLC.401(k)

PRINCIPLE ENTERPRISES, LLC 401(K) PLAN · CANTON, PA · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Principle Enterprises, LLC. reported $4,700 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $225 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Pennsylvania (3,463rd of 3,651), and 583rd of 612 in mining, oil & gas extraction. In 2022, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,377,493
Participants with balances50
Active participants203
Employer contributions$45,649
Employee contributions$134,147
Employer contribution per active participant$225
Average account balance$27,550
Benefits paid to participants$108,712
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,700
Total administrative$4,700
The Principle Enterprises, LLC. 401(k) match · 2022
Employer contribution per active participant$225
Median for plans this size$1,114

Principle Enterprises, LLC.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,700 · 0.32%
Same employer
Similar plansMining, Oil & Gas Extraction · Pennsylvania
Falcon Drilling Co LLC PA$4.0M · 0.97%
Myers Well Service, Inc. PA$2.6M · 0.49%
Ows Acquisition Co LLC OH$1.5M · 0.74%
Eagle Rock Concrete, LLC NC$1.4M · 1.22%
Dp Industrial, Inc. UT$1.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261535583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.