Plan Ledger DOL Form 5500 · updated monthly

Performance Foods Corporation401(k)

PERFORMANCE FOODS CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · MANSFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
4.28%

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

Performance Foods Corporation reported $12,032 in plan administrative expenses for 2024: 4.28% of average plan assets, higher than ~75% of peers. 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 2 years on file its reported administrative ratio fell from 11.53% to 4.28%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (3,239th of 3,295), and 5,102nd of 5,215 in retail trade. active participation has shrunk from 252 to 219 since 2022.

Plan summary
Net assets, end of year$308,537
Participants with balances309
Active participants219
Employer contributions$0
Employee contributions$115,957
Employer contribution per active participant$0
Average account balance$999
Benefits paid to participants$79,682
Plan auditUnmodified (clean) audit opinion
AuditorPOOLER CPA GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$309K · 309 accts
2023$253K · 229 accts
2022$143K · 231 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,039
Investment management$133
Trustee / custodial$860
Total administrative$12,032
The Performance Foods Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Performance Foods Corporation's 2024 employer contribution ran below the $540 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
PAYCHEX, INC. · Recordkeeping$7,604

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,032 · 4.28%
2023$16,875 · 8.50%
2022$14,015 · 11.53%
Similar plansRetail Trade · Ohio
Mp Management 3, LLC OH$611K · 0.75%
Cincy Clips, Inc. OH$556K · 1.57%
Servatii, Inc. OH$314K · 0.08%
Oberers Flowers, Inc. OH$218K · 0.77%
S&G Stores LLC OH$161K · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341395454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.