Plan Ledger DOL Form 5500 · updated monthly

Five Below, Inc.401(k)

FIVE BELOW 401(K) RETIREMENT SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Five Below, Inc. reported $277,592 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $517 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 0.47% to 0.35%. 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 522nd-largest of 3,651 plans among Pennsylvania employers on file, and the 413th of 5,215 in retail trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 7,071 to 10,753 since 2022.

Plan summary
Net assets, end of year$87,773,243
Participants with balances2,173
Active participants10,753
Employer contributions$5,560,492
Employee contributions$10,023,130
Employer contribution per active participant$517
Average account balance$40,393
Benefits paid to participants$12,174,709
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$87.8M · 2,173 accts · $5.6M emplr
2023$71.0M · 1,996 accts · $5.2M emplr
2022$50.3M · 1,900 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$240,123
Investment management$37,469
Total administrative$277,592
The Five Below, Inc. 401(k) match · 2024
Employer contribution per active participant$517
Median for plans this size$3,635
2024$517 per active participant
2023$592 per active participant
2022$676 per active participant

Five Below, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$240,123
NFP RETIREMENT, INC. · Investment advisory (plan)$50,000
NFP RETIREMENT INC · Investment advisory (plan)$37,469

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$277,592 · 0.35%
2023$267,446 · 0.44%
2022$233,843 · 0.47%
Same employer
Similar plansRetail Trade · Pennsylvania
Cornerstone Brands Inc. PA$121.4M · 0.10%
Fred Beans Ford, Inc. PA$116.6M · 0.14%
Hunter Services, LLC PA$85.8M · 0.26%
Cochran Motors, Inc. PA$77.7M · 0.38%
Zulily, LLC PA$75.9M · 0.31%
Redners Markets, Inc. PA$74.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753000378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.