Plan Ledger DOL Form 5500 · updated monthly

Pierce's Flooring, Inc.401(k)

PIERCE COMPANIES 401(K) PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Pierce's Flooring, Inc. reported $64,066 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,796 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 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 93rd-largest of 229 plans among Montana employers on file, and the 1,898th of 5,215 in retail trade. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,022,941
Participants with balances177
Active participants135
Employer contributions$377,425
Employee contributions$724,118
Employer contribution per active participant$2,796
Average account balance$84,875
Benefits paid to participants$2,656,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 177 accts · $377K emplr
2023$14.7M · 212 accts · $413K emplr
2022$12.3M · 198 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,027
Investment management$39,039
Total administrative$64,066
The Pierce's Flooring, Inc. 401(k) match · 2024
Employer contribution per active participant$2,796
Median for plans this size$2,416
2024$2,796 per active participant
2023$2,847 per active participant
2022$3,327 per active participant

Pierce's Flooring, Inc.'s 2024 employer contribution ran above 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$25,028
UBS FINANCIAL · Investment advisory (plan)$39,039

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$64,066 · 0.43%
2023$54,735 · 0.41%
2022$56,913 · 0.42%
Same employer
Similar plansRetail Trade · Montana
Menholt Automotive Group MT$26.2M · 0.31%
Ressler Motor Company MT$16.3M · 0.66%
The Bretz Companies Inc. MT$13.0M · 0.15%
Good Food Store, Inc. MT$11.6M · 0.19%
Western Building Center MT$11.5M · 0.81%
Simkins-Hallin, Inc. MT$10.9M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810229326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.