My question is as is in the title:
Is there an analytical solution to the inequality $$\frac{1 + k({p}^{(k+1)/2)})}{p^k} < \frac{p}{p - 1}$$ if one were to bound $k$ in terms of $p$?
Here, $p \equiv 1 \pmod 4$ is a prime number and $k \equiv 1 \pmod 4$ is a positive integer.
MOTIVATION
This inquiry arises as an offshoot of this MSE question.
In particular, by using the Arithmetic Mean-Geometric Mean Inequality, then we obtain $$\sigma_1(p^k) \geq 1 + k (\sqrt{p})^{1+k} \tag{1}$$ so that $$\frac{\sigma_1(p^k)}{p^k} \geq \frac{1 + k (\sqrt{p})^{1+k}}{p^k} \tag{2},$$ where $\sigma_1(x)$ is the classical sum of divisors of the positive integer $x$.
But $\sigma_1(p^k)/{p^k}$ is equal to $$\frac{\sigma_1(p^k)}{p^k} = \frac{p^{k+1} - 1}{p^k (p - 1)} \tag{3},$$ which is bounded from above by $$\frac{\sigma_1(p^k)}{p^k} = \frac{p^{k+1} - 1}{p^k (p - 1)} < \frac{p^{k+1}}{p^k (p - 1)} = \frac{p}{p - 1} \tag{4}.$$
Using $(2)$ and $(4)$, we get $$\frac{1 + k({p}^{(k+1)/2)})}{p^k} < \frac{p}{p - 1} \tag{5}.$$
MY ATTEMPT
I tried asking WolframAlpha for the solutions to Inequality $(5)$, it is giving me the following Inequality Plot:
I also noticed that Inequality $(5)$ is true for all $p$, when $k=1$.
Furthermore, I tried to rewrite Inequality $(5)$ as $$k p^{(k+1)/2} (p - 1) < p^{k+1} - p + 1$$ $$k^2 p^{k+1} (p - 1)^2 < \left(p^{k+1} - p + 1\right)^2$$ but admittedly, I was not getting anywhere near to an analytical solution.
Basically, I would like to know whether a bound better than $$k \geq \log_{5}\left(\frac{p}{p-4}\right) \tag{6}$$ could be obtained from assuming Inequality $(5)$, as detailed in this MSE question. Hence, my question whether there was an analytical solution to Inequality $(5)$.
Alas, this is where I get stuck!

You got $(5)$ from $\dfrac{1+kp^{(k+1)/2}}{p^k}\leqslant \dfrac{\sigma_1(p^k)}{p^k}<\dfrac{p}{p−1}$. This means that $(5)$ is weaker than $(4)$. (So, I think that, from $(5)$, you cannot get a better result than $(4)$.)
The inequality $(1)$ holds iff $k\geqslant 1$ since the equality of $p+p^2+\cdots +p^k\geqslant kp^{(k+1)/2}$ is attained only when $p=p^2=\cdots =p^k$, i.e. $k=1$, and if $k\gt 1$, then $p+p^2+\cdots +p^k\color{red}>kp^{(k+1)/2}$ holds.
I think that $(6)$ is weaker than an obvious inequality $k\geqslant 1$ since for $p\geqslant 5$, we have $k\geqslant 1\geqslant\log_{5}\left(\dfrac{p}{p-4}\right)$.