Plan Ledger DOL Form 5500 · updated monthly

P.S.K. Operating Parent, Inc.401(k)

PSK DBA FOODTOWN UNION 401(K) PLAN · MOUNT VERNON, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

P.S.K. Operating Parent, Inc. reported $2,951 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $733 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 0.019% to 0.022%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,057th of 5,648), and the 2,000th of 5,215 in retail trade. In 2024, employees put in $4.99 for every $1.00 the employer contributed; active participation has shrunk from 515 to 217 since 2022.

Plan summary
Net assets, end of year$14,139,610
Participants with balances161
Active participants217
Employer contributions$158,983
Employee contributions$792,840
Employer contribution per active participant$733
Average account balance$87,824
Benefits paid to participants$1,014,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 161 accts · $159K emplr
2023$12.4M · 148 accts · $147K emplr
2022$9.9M · 147 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,800
Investment management$1,151
Total administrative$2,951
The P.S.K. Operating Parent, Inc. 401(k) match · 2024
Employer contribution per active participant$733
Median for plans this size$2,416
2024$733 per active participant
2023$283 per active participant
2022$299 per active participant

P.S.K. Operating Parent, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,800

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$2,951 · 0.02%
2023$2,443 · 0.02%
2022$2,041 · 0.02%
All plans at this employer2
PSK DBA FOODTOWN UNION 401(K) PLAN401(k)
PSK OPERATING PARENT INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansRetail Trade · New York
Diesel USA, Inc. NY$15.2M · 0.11%
Paperless Inc. NY$14.6M · 0.42%
Brunello Cucinelli USA Inc NY$14.1M · 0.12%
Goldstein Enterprises, Inc. NY$13.8M · 0.13%
C.M. Almy & Son, Inc. NY$13.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132669740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.