Plan Ledger DOL Form 5500 · updated monthly

Plymouth Life, Incorporated dba the Pride Group401(k)

EMPLOYEE BENEFIT PLAN OF PLYMOUTH LIFE, INCORPORATED DBA THE PRIDE GROUP · LE MARS, IA · plan year 2020

Reported admin expense ratio · 2020
0.70%

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

Plymouth Life, Incorporated dba the Pride Group reported $11,763 in plan administrative expenses for 2020: 0.70% of average plan assets, higher than ~75% of peers. Employer contributions averaged $639 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 5 years on file its reported administrative ratio rose from 0.10% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (818th of 878), and 10,257th of 11,911 in health care & social assistance. In 2020, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 82 to 117 since 2017.

Plan summary
Net assets, end of year$1,750,504
Participants with balances79
Active participants117
Employer contributions$74,749
Employee contributions$137,213
Employer contribution per active participant$639
Average account balance$22,158
Benefits paid to participants$248,936
Plan auditDisclaimer of opinion
Plan history5
Yearassets · accounts · employer contribution
2022$1.7M · 62 accts · $70K emplr
2020$1.8M · 79 accts · $75K emplr
2019$1.6M · 101 accts · $66K emplr
2018$1.2M · 107 accts · $65K emplr
2017$1.2M · 119 accts · $28K emplr
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$11,763
Total administrative$11,763
The Plymouth Life, Incorporated dba the Pride Group 401(k) match · 2020
Employer contribution per active participant$639
Median for plans this size$893
2022$772 per active participant
2020$639 per active participant
2019$867 per active participant
2018$933 per active participant
2017$342 per active participant

Plymouth Life, Incorporated dba the Pride Group's 2020 employer contribution ran below the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history5
2022$16,258 · 0.89%
2020$11,763 · 0.70%
2019$1,217 · 0.09%
2018$1,203 · 0.10%
2017$1,144 · 0.10%
Similar plansHealth Care & Social Assistance · Iowa
Aase Haugen Homes Inc IA$1.9M · 0.47%
Lutheran Homes Society IA$1.8M · 0.01%
Eventide Lutheran Home IA$1.7M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421277131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.