Plan Ledger DOL Form 5500 · updated monthly

Independent Pet Partners Intermediate Holdings II, LLC401(k)

INDEPENDENT PET PARTNERS 401(K) PLAN · WOODBURY, MN · plan year 2022

Reported admin expense ratio · 2022
0.95%

Independent Pet Partners Intermediate Holdings II, LLC reported $63,372 in plan administrative expenses for 2022: 0.95% of average plan assets, higher than ~75% of peers. 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 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,498th of 1,918), and 3,464th of 5,215 in retail trade.

Plan summary
Net assets, end of year$6,133,466
Participants with balances1,041
Active participants877
Employer contributions—
Employee contributions$1,551,302
Employer contribution per active participant—
Average account balance$5,892
Benefits paid to participants$1,450,919
Plan auditUnmodified (clean) audit opinion
AuditorSCHECHTER DOKKEN KANTER ANDREWS AND
Administrative expenses, itemized · 2022
Professional / advisory$63,372
Total administrative$63,372
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$63,372 · 0.95%
Similar plansRetail Trade · Minnesota
Barrett AG Service, Inc. MN$6.4M · 0.67%
Mauer Chevrolet MN$6.2M · 1.40%
Carlson Toyota MN$6.2M · 0.34%
Pal Management, Inc. MN$5.8M · 0.97%
Kadlec Motors, Inc. MN$5.7M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823667550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.