Plan Ledger DOL Form 5500 · updated monthly

Outdoor Living Supply, LLC401(k)

OUTDOOR LIVING SUPPLY, LLC SAVINGS & INVESTMENT PLAN · ROCHESTER, MN · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Outdoor Living Supply, LLC reported $81,021 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,465 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 fell from 1.45% to 1.29%. 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 Minnesota (1,418th of 1,918), and 3,226th of 4,246 in wholesale trade. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 303 to 438 since 2022.

Plan summary
Net assets, end of year$7,931,986
Participants with balances493
Active participants438
Employer contributions$641,480
Employee contributions$1,790,400
Employer contribution per active participant$1,465
Average account balance$16,089
Benefits paid to participants$228,471
Plan auditUnmodified (clean) audit opinion
AuditorBARTON WALTER & KRIER P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 493 accts · $641K emplr
2023$4.7M · 357 accts · $484K emplr
2022$2.7M · 306 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,411
Investment management$26,610
Total administrative$81,021
The Outdoor Living Supply, LLC 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$1,313
2024$1,465 per active participant
2023$1,379 per active participant
2022$735 per active participant

Outdoor Living Supply, 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
ADP, INC. · Loan processing · Recordkeeping$54,411
MMA SECURITIES, LLC · Recordkeeping · Trustee$26,609

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

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

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

Administrative cost history3
2024$81,021 · 1.29%
2023$64,375 · 1.75%
2022$35,469 · 1.45%
Same employer
Similar plansWholesale Trade · Minnesota
Distribution Alternatives MN$8.4M · 0.11%
AG Plus Cooperative MN$8.4M · 0.32%
Mann Lake LTD. MN$8.0M · 0.56%
TJ3, LLC MN$7.2M · 1.06%
Geritom Med, Inc. MN$7.0M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854384149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.