Plan Ledger DOL Form 5500 · updated monthly

Puttshack USA Inc.401(k)

PUTTSHACK USA INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Puttshack USA Inc. reported $66,015 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $744 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 0.58% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (2,796th of 3,702), and the 775th of 2,240 in accommodation & food services. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 821 to 1,063 since 2022.

Plan summary
Net assets, end of year$6,366,132
Participants with balances1,426
Active participants1,063
Employer contributions$790,840
Employee contributions$2,162,595
Employer contribution per active participant$744
Average account balance$4,464
Benefits paid to participants$1,462,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 1,426 accts · $791K emplr
2023$3.7M · 1,208 accts · $808K emplr
2022$1.2M · 538 accts · $463K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,015
Total administrative$66,015
The Puttshack USA Inc. 401(k) match · 2024
Employer contribution per active participant$744
Median for plans this size$1,313
2024$744 per active participant
2023$943 per active participant
2022$563 per active participant

Puttshack USA Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$66,015

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$66,015 · 1.31%
2023$19,911 · 0.81%
2022$3,831 · 0.58%
Same employer
Similar plansAccommodation & Food Services · Illinois
Clarity Clinic, LLC IL$7.0M · 0.12%
Arbor Management, Inc. IL$5.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834008001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.