Plan Ledger DOL Form 5500 · updated monthly

Paul's Fruit Market401(k)

PAULS FRUIT MARKET 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Paul's Fruit Market reported $13,536 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $622 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 0.35% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (574th of 871), and 3,289th of 5,215 in retail trade. In 2024, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 142 to 164 since 2022.

Plan summary
Net assets, end of year$6,816,096
Participants with balances103
Active participants164
Employer contributions$102,040
Employee contributions$361,667
Employer contribution per active participant$622
Average account balance$66,176
Benefits paid to participants$479,187
Plan auditUnmodified (clean) audit opinion
AuditorMATHER & COMPANY CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 103 accts · $102K emplr
2023$5.9M · 101 accts · $103K emplr
2022$5.9M · 102 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,900
Investment management$407
Total administrative$13,536
The Paul's Fruit Market 401(k) match · 2024
Employer contribution per active participant$622
Median for plans this size$1,313
2024$622 per active participant
2023$677 per active participant
2022$721 per active participant

Paul's Fruit Market's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
MATHER AND COMPANY CPAS LLC$8,000
RETIREMENT MANAGEMENT SERVICES · Other services$4,079

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

Administrative cost history3
2024$13,536 · 0.21%
2023$24,258 · 0.41%
2022$22,392 · 0.35%
Similar plansRetail Trade · Kentucky
Keystops, LLC KY$8.3M · 0.39%
Farmer Automotive Group KY$7.9M · 1.61%
Republic Diesel Inc. KY$6.8M · 0.02%
Town & Country Ford, LLC KY$6.7M · 0.48%
Valu Discount, Inc. KY$6.1M · 0.48%
Southern Rigging Co. LLC KY$5.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610875170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.