Plan Ledger DOL Form 5500 · updated monthly

Pure Fishing, Inc401(k)

PURE FISHING, INC RETIREMENT PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Pure Fishing, Inc reported $143,135 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,740 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 0.29% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 68th-largest of 807 plans among South Carolina employers on file, and the 50th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,041,362
Participants with balances1,376
Active participants1,186
Employer contributions$2,063,571
Employee contributions$5,240,158
Employer contribution per active participant$1,740
Average account balance$64,710
Benefits paid to participants$9,986,681
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.0M · 1,376 accts · $2.1M emplr
2023$79.5M · 1,333 accts · $3.4M emplr
2022$67.2M · 1,354 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,135
Investment management$70,000
Total administrative$143,135
The Pure Fishing, Inc 401(k) match · 2024
Employer contribution per active participant$1,740
Median for plans this size$3,635
2024$1,740 per active participant
2023$2,927 per active participant
2022$2,583 per active participant

Pure Fishing, Inc's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$73,135
CREATIVE PLANNING LLC · Investment advisory (plan)$70,000

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

Administrative cost history3
2024$143,135 · 0.17%
2023$152,923 · 0.21%
2022$150,520 · 0.29%
Same employer
Similar plansAgriculture, Forestry & Fishing · South Carolina
Ave-Plp, LLC IA$93.6M · 0.65%
Morning Star Company CA$90.6M · 0.11%
Mar-Jac Poultry, Inc. GA$89.2M · 0.05%
Wm. Bolthouse Farms, Inc. CA$89.0M · 0.29%
Team Brandt, LLC IL$88.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420784220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.