Plan Ledger DOL Form 5500 · updated monthly

The Pete Store, LLC401(k)

THE PETE STORE, LLC 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Pete Store, LLC reported $85,554 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $725 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 0.48% to 0.26%. 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 the 418th-largest of 1,671 plans among Maryland employers on file, and the 890th of 5,215 in retail trade. In 2024, employees put in $4.60 for every $1.00 the employer contributed; active participation has grown from 868 to 1,002 since 2022.

Plan summary
Net assets, end of year$35,559,562
Participants with balances636
Active participants1,002
Employer contributions$726,827
Employee contributions$3,343,968
Employer contribution per active participant$725
Average account balance$55,911
Benefits paid to participants$2,086,119
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR, BUCHANAN & MITCHELL
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 636 accts · $727K emplr
2023$29.1M · 593 accts · $644K emplr
2022$22.3M · 532 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,321
Investment management$15,033
Total administrative$85,554
The The Pete Store, LLC 401(k) match · 2024
Employer contribution per active participant$725
Median for plans this size$2,416
2024$725 per active participant
2023$695 per active participant
2022$431 per active participant

The Pete Store, LLC'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$12,148
AMERICAN RETIREMENT PLAN SVC, LLC · Recordkeeping$6,768
WEALTH ENHANCEMENT ADVISORY · Investment advisory (participants)$34,033

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

Recordkeeper by year2
2024AMERICAN RETIREMENT PLAN SVC, LLC, John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left The Pete Store, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$85,554 · 0.26%
2023$119,424 · 0.46%
2022$110,705 · 0.48%
Similar plansRetail Trade · Maryland
Thompsongas, LLC MD$40.3M · 0.48%
George R. Norris LLC MD$37.6M · 0.32%
Fila U.S.A., Inc. MD$36.5M · 0.02%
Two Farms Inc. MD$32.7M · 0.35%
Criswell Chevrolet Inc. MD$29.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264607022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.