Plan Ledger DOL Form 5500 · updated monthly

Principled Dynamics401(k)

PRINCIPLED DYNAMICS 401(K) PLAN · HOLLAND, OH · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Principled Dynamics reported $49,855 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,989 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 0.99% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,614th of 3,295), and 3,708th of 4,246 in wholesale trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has shrunk from 98 to 64 since 2022.

Plan summary
Net assets, end of year$4,488,931
Participants with balances124
Active participants64
Employer contributions$191,326
Employee contributions$366,240
Employer contribution per active participant$2,989
Average account balance$36,201
Benefits paid to participants$453,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 124 accts · $191K emplr
2023$3.9M · 138 accts · $196K emplr
2022$3.3M · 144 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,855
Total administrative$49,855
The Principled Dynamics 401(k) match · 2024
Employer contribution per active participant$2,989
Median for plans this size$1,313
2024$2,989 per active participant
2023$2,155 per active participant
2022$2,126 per active participant

Principled Dynamics's 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INSURNACE COMPANY · Recordkeeping · Investment managementindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$49,855 · 1.19%
2023$40,375 · 1.12%
2022$37,332 · 0.99%
Similar plansWholesale Trade · Ohio
Byer Steel Group OH$4.7M · 0.07%
Norwalk Furniture Inc. OH$4.3M · 0.88%
T.I.B.A. LLC OH$4.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454170498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.