Plan Ledger DOL Form 5500 · updated monthly

Peer Foods Group, Inc.401(k)

PEER FOODS GROUP, INC. PROFIT SHARING AND 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Peer Foods Group, Inc. reported $6,375 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $749 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 0.045% to 0.042%. 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 among the smaller plans on file in Illinois (1,930th of 3,702), and 6,833rd of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 656 to 756 since 2022.

Plan summary
Net assets, end of year$15,919,210
Participants with balances522
Active participants756
Employer contributions$566,354
Employee contributions$554,521
Employer contribution per active participant$749
Average account balance$30,497
Benefits paid to participants$898,676
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 522 accts · $566K emplr
2023$14.1M · 349 accts · $77K emplr
2022$12.5M · 427 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,375
Total administrative$6,375
The Peer Foods Group, Inc. 401(k) match · 2024
Employer contribution per active participant$749
Median for plans this size$2,416
2024$749 per active participant
2023$130 per active participant
2022$985 per active participant

Peer Foods Group, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,375
LPL FINANCIAL LLCindirect comp

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$6,375 · 0.04%
2023$6,848 · 0.05%
2022$6,075 · 0.04%
Same employer
Similar plansManufacturing · Illinois
Rukel Management, LLC IL$16.2M · 0.09%
Nexus Pharmaceuticals, LLC IL$16.0M · 0.43%
Chicago Dryer Company IL$15.8M · 0.30%
Chicago Rivet & Machine Co. IL$15.8M · 0.17%
Fisher Printing, Inc. IL$15.8M · 0.63%
Visionix USA, Inc IL$15.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360851490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.