Plan Ledger DOL Form 5500 · updated monthly

Potato King, Inc.401(k)

POTATO KING, INC. 401(K) PLAN · LACROSSE, WI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Potato King, Inc. reported $59,220 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,378 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 0.68% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Wisconsin (1,164th of 1,936), and the 1,022nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 127 to 141 since 2022.

Plan summary
Net assets, end of year$12,311,650
Participants with balances149
Active participants141
Employer contributions$335,238
Employee contributions$536,429
Employer contribution per active participant$2,378
Average account balance$82,629
Benefits paid to participants$672,462
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK & ROBINSON CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 149 accts · $335K emplr
2023$11.0M · 181 accts · $315K emplr
2022$8.8M · 162 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,220
Total administrative$59,220
The Potato King, Inc. 401(k) match · 2024
Employer contribution per active participant$2,378
Median for plans this size$2,416
2024$2,378 per active participant
2023$2,389 per active participant
2022$2,309 per active participant

Potato King, Inc.'s 2024 employer contribution ran below 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 · 20246
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$36,968
PRINCIPAL SECURITIES INC · Investment advisory (plan)$18,339
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,234
PREMIER RETIREMENT PARTNERS · Contract administrator$2,916
CAPITAL GROUP RETIREMENT PLAN SERVI · Contract administrator$1,844
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$59,220 · 0.51%
2023$10,265 · 0.10%
2022$65,128 · 0.68%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
Veteran's Truck Line, Inc. WI$13.2M · 0.83%
Tti, Inc. WI$12.7M · 0.32%
Ace Corporate Support, Inc. WI$12.4M · 0.45%
Tax Airfreight, Inc. WI$12.2M · 0.50%
Evans Transportation WI$12.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391166637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.