Plan Ledger DOL Form 5500 · updated monthly

The Pictsweet Company401(k)

THE PICTSWEET COMPANY 401(K) RETIREMENT PLAN · BELLS, TN · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Pictsweet Company reported $181,322 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,475 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 319th-largest of 1,496 plans among Tennessee employers on file, and the 3,585th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,657,589
Participants with balances727
Active participants1,138
Employer contributions$1,678,642
Employee contributions$3,068,099
Employer contribution per active participant$1,475
Average account balance$57,301
Benefits paid to participants$3,916,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.7M · 727 accts · $1.7M emplr
2023$35.9M · 775 accts · $1.7M emplr
2022$29.2M · 818 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$178,622
Total administrative$181,322
The The Pictsweet Company 401(k) match · 2024
Employer contribution per active participant$1,475
Median for plans this size$2,416
2024$1,475 per active participant
2023$1,421 per active participant
2022$1,317 per active participant

The Pictsweet Company's 2024 employer contribution ran below the $2,416 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 · 20242
BUCKINGHAM STRATEGIC WEALTHindirect comp

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$181,322 · 0.47%
2023$145,793 · 0.45%
2022$145,423 · 0.48%
Same employer
Similar plansManufacturing · Tennessee
Magotteaux, Inc. TN$45.5M · 0.05%
The Juice Plus Company, LLC TN$44.1M · 0.58%
Hill Wiremasters TN$43.0M · 0.27%
National Pen Co. LLC TN$41.7M · 0.30%
Kordsa, Inc. TN$39.7M · 0.16%
Shiroki North America, Inc. TN$39.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741264568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.