Plan Ledger DOL Form 5500 · updated monthly

Physical Distribution Services Inc.401(k)

SAVINGS PLAN FOR EMPLOYEES OF PHYSICAL DISTRIBUTION SERVICES INC. · BLOOMINGTON, MN · plan year 2022

Reported admin expense ratio · 2022
0.75%

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

Physical Distribution Services Inc. reported $12,328 in plan administrative expenses for 2022: 0.75% of average plan assets, above the peer median. Employer contributions averaged $0 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 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Minnesota (1,818th of 1,918), and 2,197th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$1,556,823
Participants with balances87
Active participants288
Employer contributions$0
Employee contributions$268,884
Employer contribution per active participant$0
Average account balance$17,895
Benefits paid to participants$201,657
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,773
Professional / advisory$9,555
Total administrative$12,328
The Physical Distribution Services Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Physical Distribution Services Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,328 · 0.75%
Same employer
Similar plansTransportation & Warehousing · Minnesota
Kottke Trucking, Inc. MN$2.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411334619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.