Plan Ledger DOL Form 5500 · updated monthly

Boyers Food Markets Inc.401(k)

BOYER FOOD MARKETS 401K PLAN · ORWIGSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Boyers Food Markets Inc. reported $3,909 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $376 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 0.015% to 0.021%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,581st-largest of 3,651 plans among Pennsylvania employers on file, and the 1,510th of 5,215 in retail trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,213,503
Participants with balances284
Active participants643
Employer contributions$241,778
Employee contributions$603,041
Employer contribution per active participant$376
Average account balance$67,653
Benefits paid to participants$1,879,298
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 284 accts · $242K emplr
2023$18.1M · 293 accts · $263K emplr
2022$15.5M · 282 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,429
Investment management$1,480
Total administrative$3,909
The Boyers Food Markets Inc. 401(k) match · 2024
Employer contribution per active participant$376
Median for plans this size$2,416
2024$376 per active participant
2023$439 per active participant
2022$422 per active participant

Boyers Food Markets Inc.'s 2024 employer contribution ran below the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,229
M AND T BANK NATIONAL ASSOC · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,909 · 0.02%
2023$2,546 · 0.02%
2022$2,628 · 0.02%
Same employer
Similar plansRetail Trade · Pennsylvania
Rutter's PA$20.3M · 0.41%
Smail Company, Inc. PA$20.3M · 0.36%
Reedman-Toll, L.P. PA$20.2M · 0.27%
Craig Scott, Inc. PA$19.4M · 0.12%
Sloane Automotive Group PA$18.8M · 0.47%
Allen Imports, LTD., Inc. PA$18.5M · 0.46%
Diehl Management, Inc. PA$18.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231923508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.