Plan Ledger DOL Form 5500 · updated monthly

Apothecary Products, LLC.401(k)

APOTHECARY PRODUCTS, LLC 401(K) PLAN · BURNSVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Apothecary Products, LLC. reported $64,207 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,151 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 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Minnesota (994th of 1,918), and 2,154th of 4,246 in wholesale trade. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,047,709
Participants with balances248
Active participants167
Employer contributions$359,165
Employee contributions$972,152
Employer contribution per active participant$2,151
Average account balance$68,741
Benefits paid to participants$1,020,898
Plan auditUnmodified (clean) audit opinion
AuditorBAKERTILLYUS,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 248 accts · $359K emplr
2023$14.5M · 242 accts · $322K emplr
2022$11.7M · 255 accts · $340K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,323
Investment management$32,884
Total administrative$64,207
The Apothecary Products, LLC. 401(k) match · 2024
Employer contribution per active participant$2,151
Median for plans this size$2,416
2024$2,151 per active participant
2023$2,116 per active participant
2022$1,968 per active participant

Apothecary Products, LLC.'s 2024 employer contribution ran below 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 · 20242
MMA SECURITIES · Investment advisory (plan)$32,884
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,323

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$64,207 · 0.41%
2023$54,370 · 0.42%
2022$55,602 · 0.44%
Same employer
Similar plansWholesale Trade · Minnesota
Tastefully Simple, Inc. MN$17.1M · 0.02%
Bix Produce Co. MN$17.0M · 0.30%
Rihm Motor Company MN$16.8M · 0.49%
Central McGowan, Inc. MN$16.5M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464805538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.