Plan Ledger DOL Form 5500 · updated monthly

Peerless Beverage Co.401(k)

PEERLESS BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN · UNION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Peerless Beverage Co. reported $79,266 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,134 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 0.21% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 655th-largest of 2,419 plans among New Jersey employers on file, and the 1,010th of 4,246 in wholesale trade. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has grown from 112 to 125 since 2022.

Plan summary
Net assets, end of year$40,928,972
Participants with balances132
Active participants125
Employer contributions$391,733
Employee contributions$1,193,731
Employer contribution per active participant$3,134
Average account balance$310,068
Benefits paid to participants$3,566,148
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 132 accts · $392K emplr
2023$37.8M · 127 accts · $360K emplr
2022$31.1M · 125 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,266
Total administrative$79,266
The Peerless Beverage Co. 401(k) match · 2024
Employer contribution per active participant$3,134
Median for plans this size$2,416
2024$3,134 per active participant
2023$3,050 per active participant
2022$3,028 per active participant

Peerless Beverage Co.'s 2024 employer contribution ran above the $2,416 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
ASCENSUS LLC · Loan processing · Recordkeepingindirect comp
WELLS FARGO ADVISORS · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$79,266 · 0.20%
2023$63,873 · 0.19%
2022$71,602 · 0.21%
All plans at this employer2
PEERLESS BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN401(k)
PEERLESS TRANSPORT 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · New Jersey
Control Associates, Inc. NJ$43.0M · 0.34%
Seiko Watch of America LLC NJ$41.0M · 0.02%
Arena 3D Holdings NJ$40.9M · 0.05%
Interpace Biosciences NJ$40.2M · 0.01%
Mjh Shared Services, LLC NJ$40.1M · 0.37%
Pim Brands, Inc. NJ$39.2M · 0.24%
Kramer Beverage Co., LLC NJ$39.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221429984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.