Plan Ledger DOL Form 5500 · updated monthly

Patco Products, LLC.401(k)

PATCO PRODUCTS, LLC. RETIREMENT SAVINGS PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Patco Products, LLC. reported $49,207 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,297 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 375th-largest of 828 plans among Kansas employers on file, and 7,027th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,242,991
Participants with balances163
Active participants194
Employer contributions$445,612
Employee contributions$658,608
Employer contribution per active participant$2,297
Average account balance$93,515
Benefits paid to participants$1,277,373
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP, INC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,207
Total administrative$49,207
The Patco Products, LLC. 401(k) match · 2024
Employer contribution per active participant$2,297
Median for plans this size$2,416

Patco Products, LLC.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,206
ALLIANT INSURANCE SERVICES, INC. · 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$49,207 · 0.32%
Same employer
Similar plansManufacturing · Kansas
Wescon Controls, LLC KS$15.5M · 0.61%
Vektek Employer, LLC KS$15.4M · 0.34%
Lion Nathan USA, Inc. KS$15.1M · 0.68%
D-J Engineering, Inc. KS$14.4M · 0.28%
Universal Engraving, Inc. KS$14.4M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931360313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.