Plan Ledger DOL Form 5500 · updated monthly

Printful, Inc.401(k)

PRINTFUL, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Printful, Inc. reported $28,686 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,044 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 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,425th of 2,005), and 11,013th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 344 to 519 since 2022.

Plan summary
Net assets, end of year$5,367,269
Participants with balances254
Active participants519
Employer contributions$541,979
Employee contributions$1,086,621
Employer contribution per active participant$1,044
Average account balance$21,131
Benefits paid to participants$587,467
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS LLC DBA DAVIS & COMPANY C
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 254 accts · $542K emplr
2023$1.1M · 116 accts · $76K emplr
2022$666K · 103 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,214
Investment management$21,472
Total administrative$28,686
The Printful, Inc. 401(k) match · 2024
Employer contribution per active participant$1,044
Median for plans this size$1,313
2024$1,044 per active participant
2023$192 per active participant
2022$141 per active participant

Printful, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$21,472
ADP, INC. · Loan processing · Recordkeeping$7,213
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$28,686 · 0.89%
2023$8,777 · 1.01%
2022$5,729 · 0.92%
Same employer
Similar plansManufacturing · North Carolina
Record North America NC$5.6M · 0.73%
Southern Fabricators Inc. NC$5.5M · 0.07%
Redhill Biopharma Inc. NC$5.4M · 0.05%
Niox Inc. NC$5.4M · 0.58%
Beverly Knits Inc. NC$5.3M · 0.19%
Zapi Inc. NC$5.3M · 0.66%
Vinventions USA, LLC. NC$5.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900674740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.