Plan Ledger DOL Form 5500 · updated monthly

Pdm Distribution Services, Inc.401(k)

PDM DISTRIBUTION SERVICES, INC. 401(K)PLAN · DES MOINES, IA · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Pdm Distribution Services, Inc. reported $23,827 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $966 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Iowa (758th of 878), and 1,896th of 2,677 in transportation & warehousing. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,281,893
Participants with balances71
Active participants176
Employer contributions$170,073
Employee contributions$351,152
Employer contribution per active participant$966
Average account balance$46,224
Benefits paid to participants$154,542
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MMGT CONSULTING
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,719
Investment management$7,108
Total administrative$23,827
The Pdm Distribution Services, Inc. 401(k) match · 2022
Employer contribution per active participant$966
Median for plans this size$1,114

Pdm Distribution Services, 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 history1
2022$23,827 · 0.72%
Same employer
Similar plansTransportation & Warehousing · Iowa
General Logistics, Inc. IA$3.4M · 1.19%
Niece Trucking, Inc. IA$3.4M · 0.01%
Ben Shinn Trucking, Inc. IA$3.0M · 0.13%
Johnsrud Transport, Inc. IA$2.9M · 0.60%
Simon's Trucking, Inc. IA$2.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421452612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.