Plan Ledger DOL Form 5500 · updated monthly

Peter-Defries Corporation401(k)

DIONS 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Peter-Defries Corporation reported $107,335 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,620 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 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 84th-largest of 290 plans among New Mexico employers on file, and the 285th of 2,240 in accommodation & food services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,238,118
Participants with balances698
Active participants500
Employer contributions$809,756
Employee contributions$1,123,887
Employer contribution per active participant$1,620
Average account balance$30,427
Benefits paid to participants$2,758,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 698 accts · $810K emplr
2023$19.5M · 651 accts · $877K emplr
2022$15.9M · 1,045 accts · $747K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,335
Total administrative$107,335
The Peter-Defries Corporation 401(k) match · 2024
Employer contribution per active participant$1,620
Median for plans this size$2,416
2024$1,620 per active participant
2023$1,903 per active participant
2022$1,450 per active participant

Peter-Defries Corporation's 2024 employer contribution ran below the $2,416 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 · 20242
SENTINEL BENEFITS GROUP LLC · Recordkeeping$69,412
USB FINANCIAL · Investment advisory (plan)$37,923

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$107,335 · 0.53%
2023$170,898 · 0.96%
2022$79,402 · 0.55%
Same employer
Similar plansAccommodation & Food Services · New Mexico
Pueblo of Isleta NM$34.9M · 0.37%
Desert de Oro Foods, Inc. AZ$21.6M · 0.81%
Schuster Enterprises, Inc. GA$21.4M · 0.27%
Lodgeworks Payroll, LLC KS$21.2M · 0.61%
Mazzio's, LLC OK$21.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850293433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.