Plan Ledger DOL Form 5500 · updated monthly

The Pueblo Bank & Trust Company401(k)

PUEBLO BANK & TRUST COMPANY 401(K) PLAN & TRUST · PUEBLO, CO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Pueblo Bank & Trust Company reported $32,806 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,015 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 0.19% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Colorado (734th of 1,461), and 3,846th of 4,798 in finance & insurance. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,495,451
Participants with balances165
Active participants131
Employer contributions$394,996
Employee contributions$817,037
Employer contribution per active participant$3,015
Average account balance$69,669
Benefits paid to participants$840,405
Plan auditUnmodified (clean) audit opinion
AuditorFORTNER BAYENS, PC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 165 accts · $395K emplr
2023$9.6M · 164 accts · $350K emplr
2022$7.8M · 165 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,147
Investment management$1,372
Audit (IQPA)$12,746
Total administrative$32,806
The The Pueblo Bank & Trust Company 401(k) match · 2024
Employer contribution per active participant$3,015
Median for plans this size$2,416
2024$3,015 per active participant
2023$2,614 per active participant
2022$2,475 per active participant

The Pueblo Bank & Trust Company's 2024 employer contribution ran above 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 · 20243
FORTNER BAYENS LEVKULICH & GARRISI · Accounting / audit$12,746
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,147
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan) · Investment management$8,542

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$32,806 · 0.31%
2023$16,529 · 0.19%
2022$16,193 · 0.19%
Same employer
Similar plansFinance & Insurance · Colorado
Riot Platforms, Inc. CO$14.9M · 0.61%
Credit Union of Denver CO$13.7M · 0.41%
First Pioneer Bank Corp. CO$13.5M · 0.48%
Funding Circle USA, Inc. CO$12.6M · 0.16%
Inbankshares, Corp CO$8.0M · 0.61%
Aas Services, LLC CO$7.3M · 1.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840297400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.