Plan Ledger DOL Form 5500 · updated monthly

Peterson Motor Company401(k)

PETERSON MOTOR COMPANY 401(K) PROFIT SHARING PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Peterson Motor Company reported $132,160 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $701 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 0.70% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 98th-largest of 349 plans among Idaho employers on file, and the 1,281st of 5,215 in retail trade. In 2024, employees put in $7.78 for every $1.00 the employer contributed; active participation has grown from 475 to 525 since 2022.

Plan summary
Net assets, end of year$23,515,113
Participants with balances595
Active participants525
Employer contributions$367,934
Employee contributions$2,863,333
Employer contribution per active participant$701
Average account balance$39,521
Benefits paid to participants$3,154,621
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $343K emplr
2024$23.5M · 595 accts · $368K emplr
2023$20.8M · 598 accts · $326K emplr
2022$16.2M · 590 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,186
Investment management$40,974
Total administrative$132,160
The Peterson Motor Company 401(k) match · 2024
Employer contribution per active participant$701
Median for plans this size$2,416
2024$701 per active participant
2023$630 per active participant
2022$589 per active participant

Peterson Motor Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$91,185
RESOURCES INVESTMENT ADVISORS, INC · Investment advisory (plan)$40,974
CHARLES SCHWAB · Custodial (securities)$8,749

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

Recordkeeper by year3
2025The Standard
2024The Standard
2023The Standard

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

Administrative cost history4
2025Not separately reported
2024$132,160 · 0.60%
2023$114,978 · 0.62%
2022$120,592 · 0.70%
Similar plansRetail Trade · Idaho
Scandinavian Designs, Inc. ID$41.1M · 0.49%
Right! Systems, Inc. ID$31.9M · 0.34%
Atkinsons Market Inc ID$25.2M · 0.28%
Manito Super 1 Foods Inc. ID$24.1M · 0.38%
Commercial Tire, Inc. ID$21.2M · 0.55%
Bish's Rv Inc. ID$19.9M · 0.49%
D&B Supply Co. ID$18.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820237924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.