Plan Ledger DOL Form 5500 · updated monthly

Pigott Inc401(k)

PIGOTT, INC. 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Pigott Inc reported $10,109 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $287 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 0.18% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Iowa (611th of 878), and 3,143rd of 4,246 in wholesale trade. In 2024, employees put in $19.44 for every $1.00 the employer contributed; active participation has grown from 107 to 118 since 2022.

Plan summary
Net assets, end of year$8,432,969
Participants with balances136
Active participants118
Employer contributions$33,831
Employee contributions$657,758
Employer contribution per active participant$287
Average account balance$62,007
Benefits paid to participants$497,990
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 136 accts · $34K emplr
2023$7.4M · 127 accts · $31K emplr
2022$7.4M · 125 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,109
Total administrative$10,109
The Pigott Inc 401(k) match · 2024
Employer contribution per active participant$287
Median for plans this size$1,313
2024$287 per active participant
2023$295 per active participant
2022$304 per active participant

Pigott Inc's 2024 employer contribution ran below the $1,313 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 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$10,109
PRINCIPAL SECURITIES INC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)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$10,109 · 0.13%
2023$10,780 · 0.15%
2022$12,901 · 0.18%
Similar plansWholesale Trade · Iowa
Housby Mack, Inc. IA$12.2M · 0.93%
Molo Petroleum, LLC IA$10.0M · 0.52%
Doors Incorporated IA$8.9M · 0.00%
Molo Oil Company IA$8.3M · 0.19%
Rainbo Oil Company IA$7.7M · 1.02%
United Beverage, Inc. IA$7.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420813711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.