Plan Ledger DOL Form 5500 · updated monthly

Premier Distribution Cooperative, Inc.401(k)

ONE MEMBER RETIREMENT PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Premier Distribution Cooperative, Inc. reported $428,540 in plan administrative expenses for 2023: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,852 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 rose from 0.57% to 0.61%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 711th-largest of 3,702 plans among Illinois employers on file, and the 286th of 3,341 in other services. In 2023, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 818 to 1,062 since 2022.

Plan summary
Net assets, end of year$71,570,095
Participants with balances912
Active participants1,062
Employer contributions$1,967,140
Employee contributions$3,829,902
Employer contribution per active participant$1,852
Average account balance$78,476
Benefits paid to participants$3,829,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.4M · 1,021 accts · $2.1M emplr
2023$71.6M · 912 accts · $2.0M emplr
2022$62.7M · 834 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$428,540
Total administrative$428,540
The Premier Distribution Cooperative, Inc. 401(k) match · 2023
Employer contribution per active participant$1,852
Median for plans this size$3,659
2024$1,871 per active participant
2023$1,852 per active participant
2022$1,849 per active participant

Premier Distribution Cooperative, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MAP RETIREMENT USA LLC · Recordkeeping$36,990
LINCOLN NATIONAL CORPORATION · Contract administrator$285,463
LINCOLN FINANCIAL ADVISORS CORPORAT · Investment advisory (plan)$96,765

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

Recordkeeper by year2
2024MAP RETIREMENT USA LLC
2023MAP RETIREMENT USA LLC

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

Administrative cost history3
2024$421,251 · 0.61%
2023$428,540 · 0.64%
2022$375,208 · 0.57%
Similar plansOther Services · Illinois
Feeding America IL$75.4M · 0.01%
Aarete, Inc. IL$55.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 202905621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.