Plan Ledger DOL Form 5500 · updated monthly

Pepsi Midamerica401(k)

PEPSI MIDAMERICA 401(K) PLAN · MARION, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Pepsi Midamerica reported $8,726 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $177 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 0.06% to 0.15%. 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 Illinois (2,839th of 3,702), and 10,701st of 13,661 in manufacturing. In 2024, employees put in $6.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,948,969
Participants with balances465
Active participants602
Employer contributions$106,350
Employee contributions$689,495
Employer contribution per active participant$177
Average account balance$12,793
Benefits paid to participants$1,006,710
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 465 accts · $106K emplr
2023$5.6M · 475 accts · $82K emplr
2022$5.6M · 816 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,726
Total administrative$8,726
The Pepsi Midamerica 401(k) match · 2024
Employer contribution per active participant$177
Median for plans this size$1,313
2024$177 per active participant
2023$141 per active participant
2022$148 per active participant

Pepsi Midamerica'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 · 20241
EDWARD JONES · Investment advisory (plan)$15,422

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$8,726 · 0.15%
2023$4,391 · 0.08%
2022$3,553 · 0.06%
Same employer
Similar plansManufacturing · Illinois
Lw Schneider, Inc. IL$6.2M · 0.78%
Standfast Group, LLC IL$6.1M · 0.96%
Gc Packaging, LLC IL$6.1M · 0.11%
Orion Industries, LTD. IL$6.0M · 0.52%
Headly Manufacturing Co. IL$5.9M · 0.53%
Opto International, Inc. IL$5.9M · 0.04%
Motorad of America Inc IL$5.9M · 0.07%
Plibrico Company LLC IL$5.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370796650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.