Plan Ledger DOL Form 5500 · updated monthly

Ana-Fam, Inc.401(k)

ANA-FAM EMPLOYEE RETIREMENT PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Ana-Fam, Inc. reported $22,215 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,517 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 fell from 0.44% to 0.39%. 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 South Dakota (174th of 233), and 3,435th of 5,215 in retail trade. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 97 to 107 since 2022.

Plan summary
Net assets, end of year$6,259,363
Participants with balances99
Active participants107
Employer contributions$162,285
Employee contributions$508,754
Employer contribution per active participant$1,517
Average account balance$63,226
Benefits paid to participants$405,309
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 99 accts · $162K emplr
2023$5.1M · 101 accts · $178K emplr
2022$3.6M · 116 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,186
Total administrative$22,215
The Ana-Fam, Inc. 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$1,313
2024$1,517 per active participant
2023$1,915 per active participant
2022$1,018 per active participant

Ana-Fam, Inc.'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
FIRST INTERSTATE WEALTH MANAGEMENT$17,029

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$22,215 · 0.39%
2023$19,970 · 0.46%
2022$18,878 · 0.44%
Similar plansRetail Trade · South Dakota
Moyle Petroleum Company SD$10.5M · 0.46%
County Fair, Inc. SD$8.5M · 0.23%
Lynn's, Inc. SD$7.5M · 0.01%
Liberty Motors, Inc. SD$7.2M · 0.73%
Push Pedal Pull, Inc. SD$5.6M · 0.45%
Kesslers, Inc. SD$5.1M · 0.81%
Olson Oil Company SD$4.9M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460450574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.