Plan Ledger DOL Form 5500 · updated monthly

Power Distributors, LLC401(k)

POWER DISTRIBUTORS, LLC 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Power Distributors, LLC reported $37,176 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,463 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 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,652nd of 3,295), and 2,427th of 4,246 in wholesale trade. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,346,163
Participants with balances304
Active participants260
Employer contributions$380,305
Employee contributions$908,169
Employer contribution per active participant$1,463
Average account balance$47,191
Benefits paid to participants$1,413,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 304 accts · $380K emplr
2023$12.7M · 291 accts · $391K emplr
2022$11.0M · 302 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,645
Investment management$8,531
Total administrative$37,176
The Power Distributors, LLC 401(k) match · 2024
Employer contribution per active participant$1,463
Median for plans this size$2,416
2024$1,463 per active participant
2023$1,645 per active participant
2022$1,402 per active participant

Power Distributors, LLC'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,531

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$37,176 · 0.27%
2023$33,714 · 0.28%
2022$34,609 · 0.29%
Same employer
Similar plansWholesale Trade · Ohio
Bobcat Enterprises, Inc. OH$14.6M · 0.19%
Metro Decor LLC OH$14.1M · 0.02%
Inno Pak, LLC OH$14.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463947647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.