Plan Ledger DOL Form 5500 · updated monthly

Three Pirates, LLC dba Point Blank Distributing401(k)

PBD OPEN 401(K) RETIREMENT PLAN · PORTLAND, OR · plan year 2023

Reported admin expense ratio · 2023
1.71%

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

Three Pirates, LLC dba Point Blank Distributing reported $13,537 in plan administrative expenses for 2023: 1.71% of average plan assets, above the peer median. Employer contributions averaged $1,304 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (962nd of 1,021), and 4,148th of 4,246 in wholesale trade. In 2023, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$953,960
Participants with balances147
Active participants110
Employer contributions$143,430
Employee contributions$247,193
Employer contribution per active participant$1,304
Average account balance$6,490
Benefits paid to participants$134,921
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,537
Total administrative$13,537
The Three Pirates, LLC dba Point Blank Distributing 401(k) match · 2023
Employer contribution per active participant$1,304
Median for plans this size$522

Three Pirates, LLC dba Point Blank Distributing's 2023 employer contribution ran above the $522 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$17,221
PREMIER RETIREMENT SERVICES, INC. · Recordkeeping · Loan processing$8,721
LPL FINANCIAL · Insurance broker · Insurance servicesindirect comp

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

Administrative cost history1
2023$13,537 · 1.71%
Similar plansWholesale Trade · Oregon
Pwcc Marketplace OR$3.0M · 1.06%
Gear Up Sports, Inc. OR$2.5M · 0.55%
Dakavia Management Corp. OR$1.5M · 0.51%
Duckwall-Pooley Fruit Co. OR$1.2M · 0.69%
Nw Supermarkets Inc OR$836K · 0.91%
Strapworks LLC OR$263K · 3.16%
C&R Oregon Corporation OR$94K · 5.16%
C&R Oregon Corporation OR$94K · 5.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760736584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.