Fulfillment Distribution Ctr.401(k)
FULFILLMENT DISTRIBUTION CENTER, INC. SAVINGS PLAN · ST CLOUD, MN · plan year 2023
Fulfillment Distribution Ctr.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $6,228,939 across 104 participant accounts, with employer contributions averaging $145 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Minnesota (1,490th of 1,918), and 1,308th of 2,534 in administrative & support services. In 2023, employees put in $6.91 for every $1.00 the employer contributed; active participation has shrunk from 385 to 290 since 2022.
Fulfillment Distribution Ctr.'s 2023 employer contribution ran below the $1,308 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 411901132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.