Plan Ledger DOL Form 5500 · updated monthly

Pete Lien & Sons, Inc.401(k)

PETE LIEN & SONS, INC. PROFIT SHARING/401(K)PLAN · RAPID CITY, SD · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Pete Lien & Sons, Inc. reported $113,201 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,228 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 0.26% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 35th-largest of 233 plans among South Dakota employers on file, and the 160th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 361 to 438 since 2022.

Plan summary
Net assets, end of year$57,320,918
Participants with balances520
Active participants438
Employer contributions$1,851,812
Employee contributions$2,995,108
Employer contribution per active participant$4,228
Average account balance$110,233
Benefits paid to participants$2,991,356
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.3M · 520 accts · $1.9M emplr
2023$50.0M · 497 accts · $1.6M emplr
2022$44.3M · 534 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,820
Investment management$48,000
Audit (IQPA)$13,381
Total administrative$113,201
The Pete Lien & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$4,228
Median for plans this size$3,635
2024$4,228 per active participant
2023$3,997 per active participant
2022$3,869 per active participant

Pete Lien & Sons, Inc.'s 2024 employer contribution ran above 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$51,640
CREATIVE PLANNING LLC · Investment advisory (plan)$48,000
EIDE BAILLY LLP · Accounting / audit$13,381
CHARLES SCHWAB & CO., INC. · Securities brokerage$180

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$113,201 · 0.21%
2023$123,363 · 0.26%
2022$131,770 · 0.26%
Same employer
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Unit Corporation OK$60.5M · 0.02%
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Strata Corporation ND$59.4M · 0.24%
Propetro Services, Inc. TX$57.2M · 0.25%
Eucon Corporation ID$57.0M · 0.57%
Ecobat, LLC TX$56.6M · 0.06%
Warrior Met Coal, Inc AL$56.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460271589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.