Plan Ledger DOL Form 5500 · updated monthly

Pyramid Precision Machine, Inc.401(k)

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Pyramid Precision Machine, Inc. reported $30,382 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $577 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 0.548%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,698th of 9,483), and 10,713th of 13,661 in manufacturing. In 2024, employees put in $7.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,934,473
Participants with balances126
Active participants107
Employer contributions$61,789
Employee contributions$451,002
Employer contribution per active participant$577
Average account balance$47,099
Benefits paid to participants$223,158
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 126 accts · $62K emplr
2023$5.2M · 124 accts · $70K emplr
2022$4.1M · 110 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,382
Total administrative$30,382
The Pyramid Precision Machine, Inc. 401(k) match · 2024
Employer contribution per active participant$577
Median for plans this size$1,313
2024$577 per active participant
2023$614 per active participant
2022$601 per active participant

Pyramid Precision Machine, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
SAN DIEGO PENSION CONSULTANTS · Contract administrator$1,320
INDEPENDENT FINANCIAL GRP LLCindirect 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$30,382 · 0.55%
2023$25,541 · 0.55%
2022$23,118 · 0.55%
Same employer
Similar plansManufacturing · California
Daou Vineyards, LLC. CA$5.9M · 4.16%
Coast Sign, Inc. CA$5.9M · 0.73%
Kokatat, Inc. CA$5.9M · 0.69%
Cuberg, Inc. CA$5.9M · 0.61%
Reuland Electric Company CA$5.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330328174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.