Plan Ledger DOL Form 5500 · updated monthly

Peter Joseph, Inc.401(k)

PETER JOSEPH, INC. 401(K) PLAN · DAVENPORT, IA · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Peter Joseph, Inc. reported $1,102 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $551 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Iowa (703rd of 878), and the 900th of 2,240 in accommodation & food services. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,875,656
Participants with balances79
Active participants170
Employer contributions$93,636
Employee contributions$184,401
Employer contribution per active participant$551
Average account balance$61,717
Benefits paid to participants$346,227
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON, LOWER, WHITLOW, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$1,102
Total administrative$1,102
The Peter Joseph, Inc. 401(k) match · 2022
Employer contribution per active participant$551
Median for plans this size$1,114

Peter Joseph, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,102 · 0.02%
Similar plansAccommodation & Food Services · Iowa
Pizza Ranch, Inc. IA$14.0M · 0.26%
Kinseth Hotel Corporation IA$11.3M · 0.52%
Boyer Restaurants, Inc. IA$4.0M · 0.42%
New Horizon Food Services IA$4.0M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421365940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.