Plan Ledger DOL Form 5500 · updated monthly

Performance Food Group, Inc.401(k)

PERFORMANCE FOOD GROUP EMPLOYEE SAVINGS PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Performance Food Group, Inc. reported $1,909,297 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,631 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 0.13% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 26th-largest of 2,266 plans among Virginia employers on file, and the 26th of 4,246 in wholesale trade. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 31,690 to 35,047 since 2022.

Plan summary
Net assets, end of year$1,897,092,272
Participants with balances23,480
Active participants35,047
Employer contributions$57,145,479
Employee contributions$122,010,804
Employer contribution per active participant$1,631
Average account balance$80,796
Benefits paid to participants$230,825,091
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$1.9B · 23,480 accts · $57.1M emplr
2023$1.7B · 23,392 accts · $50.3M emplr
2022$1.4B · 23,504 accts · $51.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,028,129
Investment management$795,552
Total administrative$1,909,297
The Performance Food Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,631
Median for plans this size$5,259
2024$1,631 per active participant
2023$1,480 per active participant
2022$1,614 per active participant

Performance Food Group, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,028,129
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$795,552
CAPTRUST · Investment advisory (plan)$85,616

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$1,909,297 · 0.11%
2023$1,912,841 · 0.12%
2022$1,884,171 · 0.13%
Same employer
Similar plansWholesale Trade · Virginia
Ferguson Enterprises, LLC VA$3.6B · 0.04%
Hallmark Cards, Inc. MO$2.1B · 0.05%
Wesco Distribution, Inc. PA$1.9B · 0.07%
Chs Inc. MN$1.8B · 0.06%
Henry Schein, Inc. NY$1.7B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840629503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.