Plan Ledger DOL Form 5500 · updated monthly

Nutrisystem Inc.401(k)

NUTRISYSTEM 401(K) PLAN · FORT WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Nutrisystem Inc. reported $198,452 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,927 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 0.70% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,027th-largest of 3,651 plans among Pennsylvania employers on file, and the 597th of 3,341 in other services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has shrunk from 595 to 438 since 2022.

Plan summary
Net assets, end of year$36,588,630
Participants with balances513
Active participants438
Employer contributions$1,720,102
Employee contributions$3,684,740
Employer contribution per active participant$3,927
Average account balance$71,323
Benefits paid to participants$4,597,877
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 513 accts · $1.7M emplr
2023$31.1M · 560 accts · $1.7M emplr
2022$22.4M · 550 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$198,452
Total administrative$198,452
The Nutrisystem Inc. 401(k) match · 2024
Employer contribution per active participant$3,927
Median for plans this size$2,416
2024$3,927 per active participant
2023$3,162 per active participant
2022$2,609 per active participant

Nutrisystem Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$198,452
TOWERS WATSON INVESTMENT SERVICES, · Investment advisory (plan)indirect comp

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$198,452 · 0.59%
2023$155,421 · 0.58%
2022$117,863 · 0.70%
Same employer
Similar plansOther Services · Pennsylvania
Phoebe-Devitt Homes PA$39.5M · 0.44%
Oncology Nursing Society PA$32.2M · 0.26%
Parkway Corporation PA$30.6M · 0.40%
Aaa Central Penn PA$29.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233012204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.