Plan Ledger DOL Form 5500 · updated monthly

Lil' Drug Store Products, Inc.401(k)

LIL' DRUG STORE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Lil' Drug Store Products, Inc. reported $56,482 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,151 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 3 years on file its reported administrative ratio has held roughly steady near 0.320%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 429th-largest of 878 plans among Iowa employers on file, and the 1,616th of 5,215 in retail trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 136 to 154 since 2022.

Plan summary
Net assets, end of year$18,048,444
Participants with balances160
Active participants154
Employer contributions$485,258
Employee contributions$1,012,094
Employer contribution per active participant$3,151
Average account balance$112,803
Benefits paid to participants$3,183,585
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 160 accts · $485K emplr
2023$17.2M · 158 accts · $551K emplr
2022$14.4M · 142 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,913
Investment management$3,569
Total administrative$56,482
The Lil' Drug Store Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,151
Median for plans this size$2,416
2024$3,151 per active participant
2023$3,935 per active participant
2022$5,174 per active participant

Lil' Drug Store Products, Inc.'s 2024 employer contribution ran above 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$52,915
ROBERT W. BAIRD & CO., INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,482 · 0.32%
2023$51,520 · 0.33%
2022$47,749 · 0.32%
Same employer
Similar plansRetail Trade · Iowa
Hartig Drug Company IA$19.9M · 0.43%
Onerorx, Inc. IA$18.4M · 0.54%
Theisen Supply, Inc. IA$17.9M · 0.33%
Homemakers Plaza, Inc. IA$16.8M · 0.36%
West Music Co., Inc. IA$16.7M · 0.45%
Bob Brown Chevrolet, Inc. IA$16.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421286385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.