Plan Ledger DOL Form 5500 · updated monthly

Beverage Wholesalers, Inc.401(k)

BEVERAGE WHOLESALERS, INC. 401(K) PLAN · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Beverage Wholesalers, Inc. reported $8,437 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,042 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 0.04% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Dakota (208th of 279), and 3,313th of 4,246 in wholesale trade. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,310,134
Participants with balances137
Active participants117
Employer contributions$238,920
Employee contributions$262,969
Employer contribution per active participant$2,042
Average account balance$53,359
Benefits paid to participants$1,096,833
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 137 accts · $239K emplr
2023$7.2M · 140 accts · $233K emplr
2022$5.8M · 134 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,437
Total administrative$8,437
The Beverage Wholesalers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,042
Median for plans this size$1,313
2024$2,042 per active participant
2023$2,005 per active participant
2022$2,316 per active participant

Beverage Wholesalers, 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,459

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$8,437 · 0.12%
2023$3,281 · 0.05%
2022$1,971 · 0.04%
Similar plansWholesale Trade · North Dakota
High Point Networks, LLC ND$20.8M · 0.49%
Minot Builders Supply Inc ND$12.2M · 0.01%
Lamoure Equipment Inc ND$7.6M · 0.16%
Kotaco Fuels, Inc. ND$4.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410918769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.