Plan Ledger DOL Form 5500 · updated monthly

Chance Rides, LLC401(k)

CHANCE RIDES, LLC 401(K) PROFIT SHARING PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Chance Rides, LLC reported $34,294 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,562 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (586th of 828), and 10,270th of 13,661 in manufacturing. In 2024, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,827,139
Participants with balances121
Active participants108
Employer contributions$168,679
Employee contributions$533,097
Employer contribution per active participant$1,562
Average account balance$56,423
Benefits paid to participants$1,745,186
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,294
Total administrative$34,294
The Chance Rides, LLC 401(k) match · 2024
Employer contribution per active participant$1,562
Median for plans this size$1,313

Chance Rides, LLC'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,294
TEN PEAKS PARTNERS L.L.C. · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$34,294 · 0.50%
Similar plansManufacturing · Kansas
Scott Specialties, Inc. KS$8.0M · 0.41%
Brown Industries, LLC KS$7.4M · 0.69%
Pkm Steel Service, Inc. KS$6.9M · 0.69%
Cashco, Inc. KS$6.6M · 0.32%
Superior Holding, Inc. KS$6.5M · 0.32%
Pertronix, LLC KS$6.4M · 0.61%
Acme Foundry, Inc. KS$6.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931410090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.