Plan Ledger DOL Form 5500 · updated monthly

Pet Palace Enterprises, LLC401(k)

PET PALACE ENTERPRISES 401(K) PLAN · DELAWARE, OH · plan year 2022

Reported admin expense ratio · 2022
2.88%

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

Pet Palace Enterprises, LLC reported $12,825 in plan administrative expenses for 2022: 2.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $580 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (3,213th of 3,295), and 3,183rd of 3,341 in other services. In 2022, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$508,104
Participants with balances231
Active participants113
Employer contributions$65,567
Employee contributions$74,525
Employer contribution per active participant$580
Average account balance$2,200
Benefits paid to participants$7,451
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,206
Investment management$4,693
Total administrative$12,825
The Pet Palace Enterprises, LLC 401(k) match · 2022
Employer contribution per active participant$580
Median for plans this size$331

Pet Palace Enterprises, LLC's 2022 employer contribution ran above the $331 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 history1
2022$12,825 · 2.88%
Similar plansOther Services · Ohio
Tillery Enterprises, Inc. OH$676K · 1.45%
American Salon Group OH$533K · 1.72%
T & C Foods Inc OH$360K · 1.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421688660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.