Plan Ledger DOL Form 5500 · updated monthly

The Pmt Group, Inc.401(k)

PMT GROUP, INC. PROFIT SHARING 401(K) PLAN · BRIDGEPORT, CT · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

The Pmt Group, Inc. reported $9,865 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,249 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 rose from 0.04% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 455th-largest of 1,106 plans among Connecticut employers on file, and the 4,770th of 13,661 in manufacturing. In 2023, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,731,413
Participants with balances206
Active participants139
Employer contributions$451,612
Employee contributions$1,085,565
Employer contribution per active participant$3,249
Average account balance$134,619
Benefits paid to participants$3,432,944
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$27.3M · 180 accts · $362K emplr
2024$24.7M · 189 accts · $411K emplr
2023$27.7M · 206 accts · $452K emplr
2022$25.6M · 203 accts · $435K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,099
Investment management$6,766
Total administrative$9,865
The The Pmt Group, Inc. 401(k) match · 2023
Employer contribution per active participant$3,249
Median for plans this size$2,440
2025$2,850 per active participant
2024$3,232 per active participant
2023$3,249 per active participant
2022$3,152 per active participant

The Pmt Group, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,766
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 history4
2025$25,655 · 0.10%
2024$22,485 · 0.09%
2023$9,865 · 0.04%
2022$13,764 · 0.04%
Same employer
Similar plansManufacturing · Connecticut
Shelterlogic Corp. CT$29.0M · 0.28%
Hubbard-Hall, Inc. CT$28.2M · 0.23%
Proton Energy Systems, Inc. CT$28.0M · 0.06%
Light Sources, Inc. CT$28.0M · 0.54%
Wiremold Company CT$27.6M · 0.13%
Dymax Corporation CT$27.3M · 0.34%
H & T Waterbury, Inc. CT$27.3M · 0.30%
Tld America CT$27.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 060500150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.