Plan Ledger DOL Form 5500 · updated monthly

Pepin Distributing Company, LLC401(k)

PEPIN DISTRIBUTING COMPANY, LLC SAVINGS AND RETIREMENT PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Pepin Distributing Company, LLC reported $56,216 in plan administrative expenses for 2022: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,654 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 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 739th-largest of 3,644 plans among Florida employers on file, and the 1,209th of 4,246 in wholesale trade. In 2022, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,011,207
Participants with balances117
Active participants247
Employer contributions$408,421
Employee contributions$1,178,915
Employer contribution per active participant$1,654
Average account balance$290,694
Benefits paid to participants$7,069,197
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 295 accts · $335K emplr
2023$32.5M · 290 accts · $377K emplr
2022$34.0M · 117 accts · $408K emplr
The Pepin Distributing Company, LLC 401(k) match · 2022
Employer contribution per active participant$1,654
Median for plans this size$2,266
2024$987 per active participant
2023$1,125 per active participant
2022$1,654 per active participant

Pepin Distributing Company, LLC's 2022 employer contribution ran below the $2,266 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 history3
2024$15,091 · 0.05%
2023$25,129 · 0.08%
2022$56,216 · 0.14%
Same employer
Similar plansWholesale Trade · Florida
Apotex Corp FL$40.3M · 0.20%
Evi Industries, Inc. FL$37.5M · 0.29%
Diploma Holdings, Inc FL$33.5M · 0.29%
Acr Electronics, Inc. FL$32.6M · 0.12%
Ware Group, LLC FL$31.8M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 592758271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.