Plan Ledger DOL Form 5500 · updated monthly

Pride Inc.401(k)

PRIDE, INC 401(K) PROFIT SHARING PLAN · BISMARCK, ND · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Pride Inc. reported $132,849 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,894 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 0.66% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 103rd-largest of 279 plans among North Dakota employers on file, and the 947th of 3,341 in other services. In 2024, the employer put in $2.87 for every $1.00 employees contributed themselves; active participation has shrunk from 258 to 228 since 2022.

Plan summary
Net assets, end of year$22,842,506
Participants with balances231
Active participants228
Employer contributions$1,343,735
Employee contributions$468,792
Employer contribution per active participant$5,894
Average account balance$98,885
Benefits paid to participants$1,978,833
Plan auditUnmodified (clean) audit opinion
AuditorBRADY MARTZ, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 231 accts · $1.3M emplr
2023$20.4M · 233 accts · $1.3M emplr
2022$17.9M · 264 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,150
Investment management$50,708
Trustee / custodial$70,991
Total administrative$132,849
The Pride Inc. 401(k) match · 2024
Employer contribution per active participant$5,894
Median for plans this size$2,416
2024$5,894 per active participant
2023$5,553 per active participant
2022$5,140 per active participant

Pride Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
BRAVERA WEALTH · Recordkeeping · Trustee$132,849

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

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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Administrative cost history3
2024$132,849 · 0.61%
2023$124,246 · 0.65%
2022$109,629 · 0.66%
Same employer
Similar plansOther Services · North Dakota
Public Citizen, Inc. DC$22.9M · 0.01%
Portland Cement Association DC$22.9M · 0.01%
Cosmo International Corp FL$22.8M · 0.19%
Open Door Center ND$22.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450332197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.