Plan Ledger DOL Form 5500 · updated monthly

Primal Pet Foods, Inc.401(k)

PRIMAL PET FOODS, INC. 401(K) PROFIT SHARING PLAN & TRUST · FAIRFIELD, CA · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Primal Pet Foods, Inc. reported $24,655 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,075 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 fell from 0.64% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,007th of 9,483), and 11,211th of 13,661 in manufacturing. In 2023, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 151 to 379 since 2020.

Plan summary
Net assets, end of year$4,982,132
Participants with balances211
Active participants379
Employer contributions$407,505
Employee contributions$743,800
Employer contribution per active participant$1,075
Average account balance$23,612
Benefits paid to participants$553,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2023$5.0M · 211 accts · $408K emplr
2022$3.5M · 198 accts · $404K emplr
2020$2.6M · 64 accts · $156K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,078
Investment management$18,577
Total administrative$24,655
The Primal Pet Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,075
Median for plans this size$1,308
2023$1,075 per active participant
2022$1,121 per active participant
2020$1,036 per active participant

Primal Pet Foods, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE PATRIOT FNCL GRP INSUR. AGENCY · Recordkeeping · Pension consulting$14,406
ADP, INC. · Loan processing · Recordkeeping$6,279

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

Administrative cost history3
2023$24,655 · 0.58%
2022$5,479 · 0.15%
2020$14,192 · 0.64%
Similar plansManufacturing · California
Molekule, Inc. CA$5.0M · 0.51%
Insultech, LLC CA$5.0M · 0.24%
Vista Metals Corp CA$5.0M · 0.33%
Alpha Ems Corporation CA$5.0M · 0.04%
A-1 Jays Machining Inc CA$4.9M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 912159587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.