Plan Ledger DOL Form 5500 · updated monthly

Pvs401(k)

PVS CHEMICALS, INC. 401(K) PROFIT SHARING PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Pvs reported $12,922 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,203 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 3 years on file its reported administrative ratio has held roughly steady near 0.009%. 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 188th-largest of 2,619 plans among Michigan employers on file, and the 1,368th of 13,661 in manufacturing. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 919 to 1,297 since 2022.

Plan summary
Net assets, end of year$157,999,737
Participants with balances1,303
Active participants1,297
Employer contributions$4,154,654
Employee contributions$6,597,994
Employer contribution per active participant$3,203
Average account balance$121,258
Benefits paid to participants$12,630,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$158.0M · 1,303 accts · $4.2M emplr
2023$117.1M · 1,096 accts · $4.1M emplr
2022$98.4M · 1,074 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Investment management$106,734
Total administrative$12,922
The Pvs 401(k) match · 2024
Employer contribution per active participant$3,203
Median for plans this size$3,635
2024$3,203 per active participant
2023$4,527 per active participant
2022$4,153 per active participant

Pvs'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 · 20242
SCHWARTZ & CO · Investment advisory (plan)$87,101
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$12,922 · 0.01%
2023Not separately reported
2022$9,520 · 0.01%
Same employer
Similar plansManufacturing · Michigan
Webasto Roof Systems Inc. MI$166.8M · 0.19%
Champion Home Builders, Inc. MI$164.1M · 0.29%
Phinia Inc. MI$158.4M · 0.03%
Leco Corporation MI$154.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381226669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.