Plan Ledger DOL Form 5500 · updated monthly

Pak a Sak, Inc.401(k)

PAK A SAK, INC. EMPLOYEES RETIREMENT PLAN · AMARILLO, TX · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Pak a Sak, Inc. reported $30,418 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $872 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 0.65% to 0.72%. 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 Texas (4,164th of 5,688), and 3,875th of 5,215 in retail trade. In 2022, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,631,267
Participants with balances135
Active participants208
Employer contributions$181,332
Employee contributions$339,129
Employer contribution per active participant$872
Average account balance$34,306
Benefits paid to participants$354,166
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 281 accts · $220K emplr
2023$4.2M · 178 accts · $210K emplr
2022$4.6M · 135 accts · $181K emplr
The Pak a Sak, Inc. 401(k) match · 2022
Employer contribution per active participant$872
Median for plans this size$1,114
2024$345 per active participant
2023$1,391 per active participant
2022$872 per active participant

Pak a Sak, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$30,202 · 0.72%
2023$45,025 · 1.02%
2022$30,418 · 0.65%
Similar plansRetail Trade · Texas
Raz Imports, Inc. TX$4.8M · 0.01%
Square Grove LLC TX$4.6M · 0.09%
Humanco Assets LLC TX$4.6M · 0.33%
Altex Electronics, LTD. TX$4.6M · 0.76%
Thompson/Hanson, Inc. TX$4.3M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751569150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.