Plan Ledger DOL Form 5500 · updated monthly

Petiq, LLC401(k)

PETIQ 401(K) PLAN · EAGLE, ID · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Petiq, LLC reported $68,884 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,320 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 0.38% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 59th-largest of 349 plans among Idaho employers on file, and the 3,802nd of 13,661 in manufacturing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 1,813 to 1,541 since 2022.

Plan summary
Net assets, end of year$38,250,669
Participants with balances762
Active participants1,541
Employer contributions$2,033,992
Employee contributions$4,009,545
Employer contribution per active participant$1,320
Average account balance$50,198
Benefits paid to participants$5,399,152
Plan auditUnmodified (clean) audit opinion
AuditorBDO
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 762 accts · $2.0M emplr
2023$29.9M · 885 accts · $1.7M emplr
2022$23.1M · 1,023 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,201
Investment management$683
Total administrative$68,884
The Petiq, LLC 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$2,416
2024$1,320 per active participant
2023$848 per active participant
2022$951 per active participant

Petiq, LLC'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.

Administrative cost history3
2024$68,884 · 0.20%
2023$127,038 · 0.48%
2022$86,489 · 0.38%
Same employer
Similar plansManufacturing · Idaho
Riley Creek Lumber Company ID$118.5M · 0.41%
Cradlepoint, Inc. ID$103.7M · 0.15%
Amalgamated Sugar Company ID$80.4M · 0.11%
La Semiconductor ID$36.7M · 0.52%
Electronic Controls Company ID$33.8M · 0.24%
Redbuilt LLC ID$28.5M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272951104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.