Plan Ledger DOL Form 5500 · updated monthly

Protective Industries, Inc.401(k)

PROTECTIVE INDUSTRIES SAVINGS & RETIREMENT PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Protective Industries, Inc. reported $158,033 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,483 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 813th-largest of 5,648 plans among New York employers on file, and the 1,950th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,557,484
Participants with balances1,398
Active participants1,138
Employer contributions$2,825,700
Employee contributions$5,279,394
Employer contribution per active participant$2,483
Average account balance$69,784
Benefits paid to participants$14,571,887
Plan auditUnmodified (clean) audit opinion
AuditorERNST AND YOUNG LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,233
Investment management$65,000
Total administrative$158,033
The Protective Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,483
Median for plans this size$3,635

Protective Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20245
MMA SECURITIES LLC · Investment advisory (plan)$50,000
ERNST & YOUNG U.S. LLP$18,500
EMPOWER ADVISORY GROUP, LLC · Investment management$15,000
QDRO CONSULTANTS CO LLC$300

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

Administrative cost history1
2024$158,033 · 0.17%
Similar plansManufacturing · New York
Howden USA NY$101.0M · 0.12%
Sugar Foods Corp. NY$100.3M · 0.05%
Graham Corporation NY$97.7M · 0.21%
Nissha USA, Inc. NY$97.0M · 0.04%
Derrick Corporation NY$95.6M · 0.12%
Curtis Instruments, Inc. NY$92.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203117446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.