Plan Ledger DOL Form 5500 · updated monthly

Petland, Inc.401(k)

PETLAND, INC. 401(K) RETIREMENT PLAN · CHILLICOTHE, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Petland, Inc. reported $35,316 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,463 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 3 years on file its reported administrative ratio has held roughly steady near 0.354%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (1,945th of 3,295), and 1,075th of 2,096 in real estate & leasing. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 127 to 112 since 2022.

Plan summary
Net assets, end of year$10,596,328
Participants with balances127
Active participants112
Employer contributions$275,829
Employee contributions$521,109
Employer contribution per active participant$2,463
Average account balance$83,436
Benefits paid to participants$799,344
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 127 accts · $276K emplr
2023$9.3M · 130 accts · $279K emplr
2022$7.6M · 122 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,846
Investment management$18,470
Total administrative$35,316
The Petland, Inc. 401(k) match · 2024
Employer contribution per active participant$2,463
Median for plans this size$1,313
2024$2,463 per active participant
2023$2,148 per active participant
2022$1,671 per active participant

Petland, 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 · 20242
USI CONSULTING GROUP · Claims processing · Recordkeeping$35,316
CHARLES SCHWAB TRUST BANK · Trustee · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$35,316 · 0.35%
2023$29,369 · 0.35%
2022$28,063 · 0.35%
Same employer
Similar plansReal Estate & Leasing · Ohio
Chn Housing Partners OH$9.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310733680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.