Plan Ledger DOL Form 5500 · updated monthly

Petfolk Inc.401(k)

PETFOLK 401(K) PLAN · NC, NC · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Petfolk Inc. reported $12,737 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $2,324 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,608th of 2,005), and 10,342nd of 11,654 in professional & technical services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,537,064
Participants with balances220
Active participants222
Employer contributions$515,967
Employee contributions$865,839
Employer contribution per active participant$2,324
Average account balance$16,078
Benefits paid to participants$307,735
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$12,737
Total administrative$12,737
The Petfolk Inc. 401(k) match · 2024
Employer contribution per active participant$2,324
Median for plans this size$1,313

Petfolk Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$12,747

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

Administrative cost history1
2024$12,737 · 0.47%
Similar plansProfessional & Technical Services · North Carolina
Getbridge NC$3.7M · 0.05%
IT People Corporation NC$3.6M · 0.75%
L & E Research, Inc. NC$3.6M · 1.08%
Tands Inc. NC$3.4M · 0.02%
Avadim Holdings, Inc. NC$3.3M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834192297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.