Plan Ledger DOL Form 5500 · updated monthly

Chewy, Inc.401(k)

CHEWY 401(K) PLAN · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Chewy, Inc. reported $598,827 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $902 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 fell from 0.41% to 0.22%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 123rd-largest of 3,644 plans among Florida employers on file, and the 158th of 5,215 in retail trade. In 2024, employees put in $3.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$315,006,240
Participants with balances9,249
Active participants17,087
Employer contributions$15,411,295
Employee contributions$54,039,699
Employer contribution per active participant$902
Average account balance$34,058
Benefits paid to participants$29,723,320
Plan auditUnmodified (clean) audit opinion
AuditorGERSTLE, ROSEN, & GOLDENBERG PA
Plan history3
Yearassets · accounts · employer contribution
2024$315.0M · 9,249 accts · $15.4M emplr
2023$235.0M · 8,177 accts · $15.2M emplr
2022$138.6M · 7,136 accts · $11.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$524,195
Investment management$74,632
Total administrative$598,827
The Chewy, Inc. 401(k) match · 2024
Employer contribution per active participant$902
Median for plans this size$4,294
2024$902 per active participant
2023$807 per active participant
2022$739 per active participant

Chewy, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$524,195
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$74,632

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$598,827 · 0.22%
2023$590,729 · 0.32%
2022$524,968 · 0.41%
Same employer
Similar plansRetail Trade · Florida
Southeastern Grocers LLC FL$941.2M · 0.09%
Southeastern Grocers LLC FL$914.1M · 0.11%
Amsi FL$442.5M · 0.31%
Marinemax, Inc. FL$233.4M · 0.26%
Tbc Corporation FL$232.0M · 0.13%
Chico's Fas, Inc. FL$195.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901020167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.