Plan Ledger DOL Form 5500 · updated monthly

Push Pedal Pull, Inc.401(k)

PUSH PEDAL PULL, INC. 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Push Pedal Pull, Inc. reported $23,300 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $392 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 rose from 0.40% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Dakota (181st of 233), and 3,594th of 5,215 in retail trade. In 2024, employees put in $12.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,611,939
Participants with balances115
Active participants102
Employer contributions$40,000
Employee contributions$501,758
Employer contribution per active participant$392
Average account balance$48,799
Benefits paid to participants$290,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 115 accts · $40K emplr
2023$4.7M · 114 accts · $68K emplr
2022$4.3M · 119 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,300
Total administrative$23,300
The Push Pedal Pull, Inc. 401(k) match · 2024
Employer contribution per active participant$392
Median for plans this size$1,313
2024$392 per active participant
2023$621 per active participant
2022$934 per active participant

Push Pedal Pull, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$23,300

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
2023ADP

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

Administrative cost history3
2024$23,300 · 0.45%
2023$19,284 · 0.43%
2022$18,781 · 0.40%
Same employer
Similar plansRetail Trade · South Dakota
Lynn's, Inc. SD$7.5M · 0.01%
Liberty Motors, Inc. SD$7.2M · 0.73%
Ana-Fam, Inc. SD$6.3M · 0.39%
Kesslers, Inc. SD$5.1M · 0.81%
Olson Oil Company SD$4.9M · 0.75%
Big D Oil Co. SD$4.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460370302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.