Plan Ledger DOL Form 5500 · updated monthly

Peterson Manufacturing CompanyProfit-sharing plan

PETERSON MANUFACTURING COMPANY PROFIT SHARING PLAN · GRANDVIEW, MO · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Peterson Manufacturing Company reported $162,482 in plan administrative expenses for 2023: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,297 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 has held roughly steady near 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 444th-largest of 1,393 plans among Missouri employers on file, and the 4,356th of 13,661 in manufacturing. In 2023, the employer put in $48.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$31,221,682
Participants with balances364
Active participants330
Employer contributions$2,078,014
Employee contributions$42,956
Employer contribution per active participant$6,297
Average account balance$85,774
Benefits paid to participants$3,501,834
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$31.2M · 364 accts · $2.1M emplr
2022$27.0M · 334 accts · $2.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75,664
Investment management$86,818
Total administrative$162,482
Employer contributions to the Peterson Manufacturing Company plan · 2023
Employer contribution per active participant$6,297
Median for plans this size$2,440
2023$6,297 per active participant
2022$7,506 per active participant

Peterson Manufacturing Company's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping$75,664
UMB BANK NA · Investment advisory (plan)$86,818

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

Administrative cost history2
2023$162,482 · 0.56%
2022$140,238 · 0.54%
All plans at this employer3
PETERSON MANUFACTURING COMPANY PROFIT SHARING PLANProfit-sharing plan
MISSION PLASTICS NORTH DIVISION OF PETERSON MANUFACTURING COMPANY PROFIT SHARING PLAN AND TRUSTProfit-sharing plan
PETERSON MANUFACTURING COMPANY AND AFFILIATES 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Missouri
Dema Engineering Co. MO$32.3M · 0.24%
Modern Litho, Inc. MO$29.5M · 0.28%
W. W. Wood Products, Inc. MO$29.4M · 0.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 440607507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.