Plan Ledger DOL Form 5500 · updated monthly

Pair Eyewear Inc401(k)

PAIR EYEWEAR INC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Pair Eyewear Inc reported $11,616 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.16% to 0.51%. 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 (4,923rd of 5,648), and 4,367th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,940,230
Participants with balances155
Active participants129
Employer contributions$0
Employee contributions$904,269
Employer contribution per active participant$0
Average account balance$18,969
Benefits paid to participants$311,316
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 155 accts
2023$1.7M · 170 accts · $17 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,616
Total administrative$11,616
The Pair Eyewear Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Pair Eyewear 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

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

Administrative cost history2
2024$11,616 · 0.51%
2023$1,971 · 0.16%
Same employer
Similar plansRetail Trade · New York
Chapter 4 Corp NY$3.3M · 0.69%
Catbird Nyc LLC NY$3.2M · 1.03%
Cartessa Aesthetics LLC NY$2.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320519240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.