Plan Ledger DOL Form 5500 · updated monthly

Pearsons Candy Co.401(k)

PEARSON CANDY COMPANY UNION RETIREMENT SAVINGS PLAN · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Pearsons Candy Co. reported $31,908 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,110 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 3 years on file its reported administrative ratio has held roughly steady near 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,674th of 1,918), and 11,876th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has shrunk from 105 to 84 since 2022.

Plan summary
Net assets, end of year$3,754,254
Participants with balances113
Active participants84
Employer contributions$177,225
Employee contributions$226,660
Employer contribution per active participant$2,110
Average account balance$33,223
Benefits paid to participants$240,613
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER & CO. LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 113 accts · $177K emplr
2023$3.3M · 122 accts · $202K emplr
2022$3.1M · 148 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,060
Investment management$9,848
Total administrative$31,908
The Pearsons Candy Co. 401(k) match · 2024
Employer contribution per active participant$2,110
Median for plans this size$1,313
2024$2,110 per active participant
2023$2,429 per active participant
2022$2,518 per active participant

Pearsons Candy Co.'s 2024 employer contribution ran above the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$22,060
CHRISTENSEN GROUP FINANCIAL, LLC · Recordkeeping · Trustee$9,848

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

Recordkeeper by year2
2024ADP, CHRISTENSEN GROUP FINANCIAL, LLC
2023ADP, CHRISTENSEN GROUP FINANCIAL, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,908 · 0.91%
2023$33,656 · 1.05%
2022$28,759 · 0.88%
Same employer
Similar plansManufacturing · Minnesota
In'Tech Industries, Inc. MN$4.0M · 1.06%
Metro Mold & Design Inc. MN$4.0M · 0.49%
Heggies Pizza, LLC MN$3.8M · 0.16%
Rhino, Inc. MN$3.7M · 1.09%
Anderson Fabrics, Inc. MN$3.6M · 0.76%
Alexandria Pro-Fab, Inc. MN$3.3M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832454593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.