Plan Ledger DOL Form 5500 · updated monthly

Perry Ellis Shared Services LLC401(k)

PERRY ELLIS SHARED SERVICES LLC 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Perry Ellis Shared Services LLC reported $104,076 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $680 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 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 329th-largest of 3,644 plans among Florida employers on file, and the 1,942nd of 13,661 in manufacturing. In 2024, employees put in $5.22 for every $1.00 the employer contributed; active participation has grown from 1,134 to 1,365 since 2022.

Plan summary
Net assets, end of year$98,010,393
Participants with balances1,768
Active participants1,365
Employer contributions$928,664
Employee contributions$4,848,617
Employer contribution per active participant$680
Average account balance$55,436
Benefits paid to participants$10,876,515
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$98.0M · 1,768 accts · $929K emplr
2023$89.1M · 1,732 accts · $904K emplr
2022$75.3M · 1,761 accts · $846K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,671
Investment management$60,405
Total administrative$104,076
The Perry Ellis Shared Services LLC 401(k) match · 2024
Employer contribution per active participant$680
Median for plans this size$3,635
2024$680 per active participant
2023$753 per active participant
2022$746 per active participant

Perry Ellis Shared Services LLC'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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$17,740
TRUIST BANK · Investment management$55,536
ELLIOTT DAVIS DECOSIMO,LLC · Accounting / audit$30,750
CHARLES SCHWAB & CO., INC. · Securities brokerage$10
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$104,076 · 0.11%
2023$110,482 · 0.13%
2022$77,987 · 0.09%
Similar plansManufacturing · Florida
Mapei Corporation FL$119.6M · 0.23%
Gables Engineering, Inc. FL$93.9M · 0.05%
National Beverage Corp. FL$89.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202085469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.