Plan Ledger DOL Form 5500 · updated monthly

Peak Technologies, Inc.401(k)

PEAK TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN · LINTHICUM HEIGHTS, MD · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Peak Technologies, Inc. reported $84,603 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $1,874 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 0.14% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 186th-largest of 1,671 plans among Maryland employers on file, and the 252nd of 2,677 in transportation & warehousing. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has grown from 313 to 790 since 2022.

Plan summary
Net assets, end of year$93,278,607
Participants with balances618
Active participants790
Employer contributions$1,480,637
Employee contributions$4,668,888
Employer contribution per active participant$1,874
Average account balance$150,936
Benefits paid to participants$15,351,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.3M · 618 accts · $1.5M emplr
2023$89.2M · 631 accts · $1.4M emplr
2022$43.8M · 333 accts · $494K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,995
Investment management$80,608
Total administrative$84,603
The Peak Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,874
Median for plans this size$3,635
2024$1,874 per active participant
2023$1,793 per active participant
2022$1,579 per active participant

Peak Technologies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
CREATIVE PLANNING LLC · Investment advisory (plan)$46,625
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,871
MESIROW FINANCIAL · Investment advisory (plan)$14,112
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,930

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$84,603 · 0.09%
2023$30,207 · 0.05%
2022$69,171 · 0.14%
Same employer
Similar plansTransportation & Warehousing · Maryland
The Vane Brothers Company MD$109.2M · 0.06%
Cowan Systems, LLC MD$37.0M · 0.18%
Carey International, Inc. MD$25.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363149386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.