Plan Ledger DOL Form 5500 · updated monthly

Apg Cash Drawer, LLC401(k)

APG CASH DRAWER 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Apg Cash Drawer, LLC reported $3,379 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,803 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 0.025%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,101st of 1,918), and 7,300th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,277,752
Participants with balances113
Active participants93
Employer contributions$260,718
Employee contributions$450,961
Employer contribution per active participant$2,803
Average account balance$126,352
Benefits paid to participants$1,287,657
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN THIELEN
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 113 accts · $261K emplr
2023$12.8M · 104 accts · $356K emplr
2022$11.5M · 120 accts · $445K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,681
Investment management$1,698
Total administrative$3,379
The Apg Cash Drawer, LLC 401(k) match · 2024
Employer contribution per active participant$2,803
Median for plans this size$2,416
2024$2,803 per active participant
2023$4,568 per active participant
2022$4,680 per active participant

Apg Cash Drawer, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,681

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$3,379 · 0.02%
2023$3,650 · 0.03%
2022$3,290 · 0.02%
Similar plansManufacturing · Minnesota
Bell Lumber & Pole Company MN$14.6M · 0.55%
Bermo, Inc. MN$14.5M · 0.32%
Modernistic, Inc. MN$14.3M · 0.03%
Aurora Pharmaceutical, Inc. MN$14.1M · 0.01%
United Language Group MN$14.1M · 0.61%
Rao Manufacturing Company MN$13.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263214412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.