Plan Ledger DOL Form 5500 · updated monthly

Arrowhead Promotion & Fulfillment Co., Inc.401(k)

ARROWHEAD PROMOTION & FULFILLMENT CO., INC. 401(K) PLAN · GRAND RAPIDS, MN · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Arrowhead Promotion & Fulfillment Co., Inc. reported $57,857 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $447 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 0.73% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,410th of 1,918), and the 1,136th of 2,534 in administrative & support services. In 2024, employees put in $7.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,042,960
Participants with balances142
Active participants150
Employer contributions$67,023
Employee contributions$504,165
Employer contribution per active participant$447
Average account balance$56,641
Benefits paid to participants$75,999
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 142 accts · $67K emplr
2023$6.7M · 109 accts · $55K emplr
2022$5.5M · 108 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,389
Investment management$27,468
Total administrative$57,857
The Arrowhead Promotion & Fulfillment Co., Inc. 401(k) match · 2024
Employer contribution per active participant$447
Median for plans this size$1,313
2024$447 per active participant
2023$390 per active participant
2022$320 per active participant

Arrowhead Promotion & Fulfillment Co., Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,784
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$25,984
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$1,485

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$57,857 · 0.79%
2023$46,637 · 0.77%
2022$42,667 · 0.73%
Same employer
Similar plansAdministrative & Support Services · Minnesota
Aspen Waste Systems, Inc. MN$8.8M · 0.15%
Versique, Inc. MN$8.3M · 0.80%
Hired MN$6.6M · 0.54%
Adams Pest Control, Inc. MN$6.1M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411446101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.