Plan Ledger DOL Form 5500 · updated monthly

Propelled Brands Franchising, LLC401(k)

PROPELLED BRANDS 401K PLAN · CARROLLTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Propelled Brands Franchising, LLC reported $19,262 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,398 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,497th-largest of 5,688 plans among Texas employers on file, and 7,273rd of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,361,812
Participants with balances298
Active participants300
Employer contributions$719,333
Employee contributions$1,714,629
Employer contribution per active participant$2,398
Average account balance$48,194
Benefits paid to participants$1,421,459
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,733
Investment management$14,529
Total administrative$19,262
The Propelled Brands Franchising, LLC 401(k) match · 2024
Employer contribution per active participant$2,398
Median for plans this size$2,416

Propelled Brands Franchising, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,529
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,733

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

Administrative cost history1
2024$19,262 · 0.15%
Same employer
Similar plansManufacturing · Texas
American Innovations, LTD. TX$14.6M · 0.03%
Welker, Inc. TX$14.5M · 0.04%
Hdh Instruments, LP TX$14.5M · 0.13%
Epsilyte Holdings, LLC TX$14.3M · 0.40%
Kaspar Wire Works, Inc. TX$14.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874153524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.