Plan Ledger DOL Form 5500 · updated monthly

Pti Engineered Plastics Inc401(k)

PTI ENGINEERED PLASTICS, INC. 401(K) PLAN · MACOMB, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pti Engineered Plastics Inc reported $11,715 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $462 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,227th-largest of 2,619 plans among Michigan employers on file, and 6,922nd of 13,661 in manufacturing. In 2024, employees put in $6.20 for every $1.00 the employer contributed; active participation has shrunk from 320 to 274 since 2022.

Plan summary
Net assets, end of year$15,568,670
Participants with balances165
Active participants274
Employer contributions$126,622
Employee contributions$785,565
Employer contribution per active participant$462
Average account balance$94,356
Benefits paid to participants$1,467,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 165 accts · $127K emplr
2023$14.4M · 172 accts · $122K emplr
2022$12.2M · 181 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,088
Investment management$9,627
Total administrative$11,715
The Pti Engineered Plastics Inc 401(k) match · 2024
Employer contribution per active participant$462
Median for plans this size$2,416
2024$462 per active participant
2023$468 per active participant
2022$348 per active participant

Pti Engineered Plastics Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,627
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,088

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$11,715 · 0.08%
2023$11,342 · 0.09%
2022$9,650 · 0.07%
Same employer
Similar plansManufacturing · Michigan
Hadley Products Corporation MI$15.8M · 0.45%
Burnette Foods, Inc. MI$15.5M · 0.54%
Depatie Fluid Power Company MI$15.5M · 0.23%
Sk Siltron Css, LLC MI$15.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382534809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.