Plan Ledger DOL Form 5500 · updated monthly

Boscov's, Inc.401(k)

BOSCOV'S 401(K) DEFINED CONTRIBUTION PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Boscov's, Inc. reported $225,928 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $161 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 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 360th-largest of 3,651 plans among Pennsylvania employers on file, and the 274th of 5,215 in retail trade. In 2024, employees put in $6.49 for every $1.00 the employer contributed; active participation has grown from 4,528 to 6,826 since 2022.

Plan summary
Net assets, end of year$147,161,093
Participants with balances2,634
Active participants6,826
Employer contributions$1,095,689
Employee contributions$7,108,929
Employer contribution per active participant$161
Average account balance$55,870
Benefits paid to participants$14,918,577
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$147.2M · 2,634 accts · $1.1M emplr
2023$134.3M · 2,502 accts · $969K emplr
2022$124.0M · 2,588 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225,928
Total administrative$225,928
The Boscov's, Inc. 401(k) match · 2024
Employer contribution per active participant$161
Median for plans this size$3,635
2024$161 per active participant
2023$145 per active participant
2022$223 per active participant

Boscov's, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$225,927
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect 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$225,928 · 0.16%
2023$212,236 · 0.16%
2022$214,290 · 0.15%
Same employer
Similar plansRetail Trade · Pennsylvania
Clark Core Services, LLC PA$258.2M · 0.39%
Adapthealth, LLC PA$159.0M · 0.29%
Bergey's Incorporated PA$127.1M · 0.20%
Radial Holdings, L.P. PA$125.2M · 0.12%
Gnc Holdings LLC PA$123.8M · 0.28%
Faulkner Cadillac, Inc. PA$122.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231571589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.