Plan Ledger DOL Form 5500 · updated monthly

Foot Locker Retail, Inc.401(k)

FOOT LOCKER PUERTO RICO SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Foot Locker Retail, Inc. reported $22,447 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $617 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 0.40% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,341st of 5,648), and 3,573rd of 5,215 in retail trade. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 409 to 459 since 2022.

Plan summary
Net assets, end of year$5,691,787
Participants with balances401
Active participants459
Employer contributions$283,070
Employee contributions$598,677
Employer contribution per active participant$617
Average account balance$14,194
Benefits paid to participants$280,290
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 401 accts · $283K emplr
2023$4.6M · 368 accts · $340K emplr
2022$3.3M · 340 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,037
Investment management$1,410
Total administrative$22,447
The Foot Locker Retail, Inc. 401(k) match · 2024
Employer contribution per active participant$617
Median for plans this size$1,313
2024$617 per active participant
2023$800 per active participant
2022$554 per active participant

Foot Locker Retail, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,073

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$22,447 · 0.44%
2023$15,488 · 0.39%
2022$15,410 · 0.40%
Similar plansRetail Trade · New York
Van Bortel Ford, Inc. NY$6.0M · 0.43%
Bally Americas Inc. NY$5.7M · 0.03%
Q4 Designs LLC NY$5.6M · 0.48%
Tc Jeep, Inc. NY$5.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131988404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.