Plan Ledger DOL Form 5500 · updated monthly

Foot Locker, Inc.401(k)

FOOT LOCKER 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Foot Locker, Inc. reported $801,729 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $898 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 0.20% to 0.19%. 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 240th-largest of 5,648 plans among New York employers on file, and the 126th of 5,215 in retail trade. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$449,545,386
Participants with balances14,448
Active participants13,384
Employer contributions$12,012,477
Employee contributions$28,999,529
Employer contribution per active participant$898
Average account balance$31,115
Benefits paid to participants$51,776,039
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLC
Plan history3
Yearassets · accounts · employer contribution
2024$449.5M · 14,448 accts · $12.0M emplr
2023$408.6M · 14,698 accts · $12.4M emplr
2022$365.8M · 15,072 accts · $13.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$545,316
Investment management$149,280
Audit (IQPA)$102,000
Total administrative$801,729
The Foot Locker, Inc. 401(k) match · 2024
Employer contribution per active participant$898
Median for plans this size$4,294
2024$898 per active participant
2023$869 per active participant
2022$901 per active participant

Foot Locker, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$545,316
WILLIS TOWERS WATSON · Investment advisory (plan)$149,280
KPMG LLP · Accounting / audit$102,000

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$801,729 · 0.19%
2023$843,942 · 0.22%
2022$799,821 · 0.20%
Same employer
Similar plansRetail Trade · New York
Tapestry, Inc. NY$659.1M · 0.09%
Northeast Grocery, Inc. NY$552.7M · 0.08%
Hbc US Holdings LLC NY$534.5M · 0.15%
Peloton Interactive, Inc. NY$231.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133513936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.