Plan Ledger DOL Form 5500 · updated monthly

1ST Phorm International, LLC401(k)

1ST PHORM 401(K) PLAN · FENTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

1ST Phorm International, LLC reported $36,573 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,251 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 0.76% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Missouri (1,067th of 1,393), and 3,664th of 5,215 in retail trade. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,355,040
Participants with balances223
Active participants311
Employer contributions$700,087
Employee contributions$1,089,065
Employer contribution per active participant$2,251
Average account balance$24,014
Benefits paid to participants$319,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 223 accts · $700K emplr
2023$3.2M · 201 accts · $648K emplr
2022$1.3M · 193 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,573
Total administrative$36,573
The 1ST Phorm International, LLC 401(k) match · 2024
Employer contribution per active participant$2,251
Median for plans this size$1,313
2024$2,251 per active participant
2023$2,096 per active participant
2022$1,571 per active participant

1ST Phorm International, LLC's 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,124
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$879

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,573 · 0.86%
2023$21,387 · 0.96%
2022$9,683 · 0.76%
Similar plansRetail Trade · Missouri
Office Essentials Inc. MO$5.9M · 0.04%
Absolute Beauty, LLC MO$5.8M · 1.16%
Thompson Sales Company MO$5.3M · 0.26%
Red Cross Pharmacy, Inc. MO$5.3M · 0.50%
Christian Foods II, Lc MO$5.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262839876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.