Plan Ledger DOL Form 5500 · updated monthly

Pusan Pipe America, Inc.401(k)

PUSAN PIPE AMERICA, INC. EMPLOYEE PROFIT SHARING & SAVINGS PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Pusan Pipe America, Inc. reported $43,636 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,226 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 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,159th-largest of 9,483 plans among California employers on file, and the 1,612th of 4,246 in wholesale trade. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has grown from 329 to 492 since 2022.

Plan summary
Net assets, end of year$24,405,602
Participants with balances496
Active participants492
Employer contributions$1,587,074
Employee contributions$1,865,044
Employer contribution per active participant$3,226
Average account balance$49,205
Benefits paid to participants$1,417,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 496 accts · $1.6M emplr
2023$19.7M · 454 accts · $1.9M emplr
2022$16.4M · 358 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,636
Total administrative$43,636
The Pusan Pipe America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,226
Median for plans this size$2,416
2024$3,226 per active participant
2023$4,739 per active participant
2022$4,937 per active participant

Pusan Pipe America, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
CPS BENEFITS$10,616
QUALIFIED SERVICES INC. DBA HICKS P · Other servicesindirect comp

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$43,636 · 0.20%
2023$30,282 · 0.17%
2022$12,654 · 0.07%
Similar plansWholesale Trade · California
Roland Dga Corporation CA$25.1M · 0.18%
Simplehuman LLC CA$25.0M · 0.12%
Ssf Imported Auto Parts LLC CA$24.9M · 0.37%
Alcal Industries, Inc. CA$24.8M · 0.41%
Benq America Corp CA$24.0M · 0.08%
Funai Corporation CA$23.8M · 0.71%
Enstall US, Inc. CA$23.7M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953278851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.