Plan Ledger DOL Form 5500 · updated monthly

P.C. Richard & Son Long Island Corp401(k)

P.C. RICHARD & SON 401(K) SAVINGS PLAN · FARMINGDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

P.C. Richard & Son Long Island Corp reported $192,994 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,628 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 0.08% to 0.10%. 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 452nd-largest of 5,648 plans among New York employers on file, and the 208th of 5,215 in retail trade. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$209,583,245
Participants with balances1,555
Active participants1,950
Employer contributions$3,174,099
Employee contributions$7,956,062
Employer contribution per active participant$1,628
Average account balance$134,780
Benefits paid to participants$19,022,643
Plan auditUnmodified (clean) audit opinion
AuditorGIAMBALVO, STALZER & COMPANY, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$209.6M · 1,555 accts · $3.2M emplr
2023$192.8M · 1,554 accts · $3.1M emplr
2022$175.8M · 1,703 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,541
Investment management$81,695
Total administrative$192,994
The P.C. Richard & Son Long Island Corp 401(k) match · 2024
Employer contribution per active participant$1,628
Median for plans this size$3,635
2024$1,628 per active participant
2023$1,564 per active participant
2022$1,679 per active participant

P.C. Richard & Son Long Island Corp'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 · 20242
T ROWE PRICE RPS INC · Recordkeeping · Trustee$110,541
CAPFINANCIAL PARTNERS LLC · Consulting$84,572

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023John Hancock, T. Rowe Price

This plan has changed recordkeepers within these filings. If you left P.C. Richard & Son Long Island Corp before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$192,994 · 0.10%
2023$160,797 · 0.09%
2022$157,178 · 0.08%
Same employer
Similar plansRetail Trade · New York
Peloton Interactive, Inc. NY$231.0M · 0.10%
Mavis Tire Supply LLC NY$202.0M · 0.44%
Hermes of Paris, Inc. NY$178.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112128677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.