Plan Ledger DOL Form 5500 · updated monthly

Pepsi Bottling Ventures, LLC401(k)

PEPSI BOTTLING VENTURES 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Pepsi Bottling Ventures, LLC reported $469,096 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,142 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 0.220%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 113th-largest of 2,005 plans among North Carolina employers on file, and the 1,086th of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 2,674 to 3,141 since 2022.

Plan summary
Net assets, end of year$219,695,176
Participants with balances3,503
Active participants3,141
Employer contributions$6,726,699
Employee contributions$12,257,546
Employer contribution per active participant$2,142
Average account balance$62,716
Benefits paid to participants$33,729,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$219.7M · 3,503 accts · $6.7M emplr
2023$206.3M · 3,717 accts · $6.2M emplr
2022$187.2M · 3,378 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$420,724
Investment management$30,872
Total administrative$469,096
The Pepsi Bottling Ventures, LLC 401(k) match · 2024
Employer contribution per active participant$2,142
Median for plans this size$3,635
2024$2,142 per active participant
2023$2,067 per active participant
2022$2,104 per active participant

Pepsi Bottling Ventures, LLC's 2024 employer contribution ran below the $3,635 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 · 20245
JOHN HANCOCK · Recordkeeping · Loan processing$240,013
COMPERIO RETIREMENT CONSULTING, IN · Investment advisory (plan)$70,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,331
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$30,872
HUGHES, PITTMAN & GUPTON, LLP · Accounting / audit$23,500

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$469,096 · 0.22%
2023$488,518 · 0.25%
2022$439,432 · 0.22%
Same employer
Similar plansManufacturing · North Carolina
Elevate Textiles, Inc. NC$231.8M · 0.11%
Mack Trucks, Inc. NC$220.3M · 0.11%
Hayward Industries, Inc. NC$214.4M · 0.01%
Treasure Holdco, Inc. NC$171.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223657794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.