Plan Ledger DOL Form 5500 · updated monthly

Pryes Brewing Company, LLC401(k)

PRYES BREWING COMPANY 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Pryes Brewing Company, LLC reported $3,066 in plan administrative expenses for 2024: 0.56% of average plan assets, below the peer median. Employer contributions averaged $753 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 1 year on file its reported administrative ratio rose from 0.40% to 0.56%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,879th of 1,918), and 13,426th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$597,937
Participants with balances65
Active participants67
Employer contributions$50,426
Employee contributions$118,519
Employer contribution per active participant$753
Average account balance$9,199
Benefits paid to participants$198,916
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$598K · 65 accts · $50K emplr
2023$497K · 173 accts · $45K emplr
Administrative expenses, itemized · 2024
Investment management$3,066
Total administrative$3,066
The Pryes Brewing Company, LLC 401(k) match · 2024
Employer contribution per active participant$753
Median for plans this size$540
2024$753 per active participant
2023$868 per active participant

Pryes Brewing Company, LLC's 2024 employer contribution ran above the $540 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.

Administrative cost history2
2024$3,066 · 0.56%
2023$1,608 · 0.40%
Similar plansManufacturing · Minnesota
Bobs Wood Specialties Inc MN$1.3M · 1.09%
Leafline Labs, LLC MN$1.2M · 1.63%
United Packaging, Inc. MN$1.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454987289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.