Plan Ledger DOL Form 5500 · updated monthly

Pruett's Food, Inc.401(k)

PRUETT'S FOOD 401(K) PLAN · BROKEN BOW, OK · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Pruett's Food, Inc. reported $4,600 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $991 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 0.41% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Oklahoma (365th of 724), and the 2,309th of 5,215 in retail trade. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,759,229
Participants with balances276
Active participants494
Employer contributions$489,336
Employee contributions$779,712
Employer contribution per active participant$991
Average account balance$42,606
Benefits paid to participants$661,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 276 accts · $489K emplr
2023$9.6M · 267 accts · $484K emplr
2022$7.8M · 269 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,600
Total administrative$4,600
The Pruett's Food, Inc. 401(k) match · 2024
Employer contribution per active participant$991
Median for plans this size$2,416
2024$991 per active participant
2023$2,263 per active participant
2022$1,066 per active participant

Pruett's Food, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
CAPITAL BANK AND TRUST COMPANY · Recordkeeping · Investment management$1,050
EDWARD JONES · Investment advisory (participants) · Investment advisory (plan)$35,769
TRISTAR PENSION LTD · Accounting / audit · Actuarial$3,550

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

Recordkeeper by year2
2024CAPITAL BANK AND TRUST COMPANY
2023CAPITAL BANK AND TRUST COMPANY

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Administrative cost history3
2024$4,600 · 0.04%
2023$6,339 · 0.07%
2022$34,176 · 0.41%
Same employer
Similar plansRetail Trade · Oklahoma
Atwood Distributing, L.P. OK$14.4M · 0.59%
Nelson Automotive, Inc. OK$13.6M · 0.42%
Ferguson Pontiac-Gmc, Inc. OK$11.8M · 0.35%
Express Credit Auto, LLC. OK$9.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731028643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.