Plan Ledger DOL Form 5500 · updated monthly

Pfg-St. Louis, LLC401(k)

PFG-ST. LOUIS, LLC 401(K) PLAN · BEDFORD PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Pfg-St. Louis, LLC reported $27,851 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,698 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 rose from 0.32% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,100th of 3,702), and 11,793rd of 13,661 in manufacturing. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has shrunk from 218 to 131 since 2022.

Plan summary
Net assets, end of year$3,899,422
Participants with balances142
Active participants131
Employer contributions$222,399
Employee contributions$574,592
Employer contribution per active participant$1,698
Average account balance$27,461
Benefits paid to participants$303,232
Plan auditUnmodified (clean) audit opinion
AuditorDIGIOVINE HNILO JORDON AND JOHNSON
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 142 accts · $222K emplr
2023$3.0M · 135 accts · $205K emplr
2022$2.2M · 214 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,603
Investment management$3,299
Total administrative$27,851
The Pfg-St. Louis, LLC 401(k) match · 2024
Employer contribution per active participant$1,698
Median for plans this size$1,313
2024$1,698 per active participant
2023$1,451 per active participant
2022$450 per active participant

Pfg-St. Louis, LLC's 2024 employer contribution ran above the $1,313 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,603
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$8,248
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$27,851 · 0.80%
2023$46,608 · 1.78%
2022$7,052 · 0.32%
Similar plansManufacturing · Illinois
E.J. Basler Company IL$4.0M · 0.61%
Amitron Corporation IL$3.9M · 0.01%
Rack Builders, Inc. IL$3.9M · 1.22%
Tampico Beverages Inc. IL$3.9M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853493848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.