Plan Ledger DOL Form 5500 · updated monthly

Pepsi-Cola Bottling Co. of Corbin, Inc.401(k)

PEPSI-COLA BOTTLING CO. OF CORBIN INC. 401(K) PLAN · CORBIN, KY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Pepsi-Cola Bottling Co. of Corbin, Inc. reported $28,367 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $313 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 rose from 0.35% to 0.48%. 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 Kentucky (595th of 871), and 10,565th of 13,661 in manufacturing. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 306 to 399 since 2022.

Plan summary
Net assets, end of year$6,228,415
Participants with balances151
Active participants399
Employer contributions$125,064
Employee contributions$356,550
Employer contribution per active participant$313
Average account balance$41,248
Benefits paid to participants$692,421
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 151 accts · $125K emplr
2023$5.7M · 129 accts · $105K emplr
2022$4.9M · 134 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,900
Investment management$5,584
Total administrative$28,367
The Pepsi-Cola Bottling Co. of Corbin, Inc. 401(k) match · 2024
Employer contribution per active participant$313
Median for plans this size$1,313
2024$313 per active participant
2023$274 per active participant
2022$303 per active participant

Pepsi-Cola Bottling Co. of Corbin, Inc.'s 2024 employer contribution ran below the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$22,783
ALERUS INVESTMENT ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$5,584

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$28,367 · 0.48%
2023$25,569 · 0.48%
2022$20,069 · 0.35%
Same employer
Similar plansManufacturing · Kentucky
Pegasus Industries, LLC KY$6.6M · 0.66%
Locknet KY$6.5M · 1.14%
The Freeman Corporation KY$6.2M · 0.12%
Preload, LLC KY$6.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610601744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.