Plan Ledger DOL Form 5500 · updated monthly

Pet Food Experts, Inc.401(k)

PET FOOD EXPERTS, INC. 401(K) AND PROFIT SHARING PLAN · PAWTUCKET, RI · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Pet Food Experts, Inc. reported $163,168 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,758 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 105th-largest of 286 plans among Rhode Island employers on file, and the 1,522nd of 4,246 in wholesale trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,010,236
Participants with balances811
Active participants654
Employer contributions$1,149,525
Employee contributions$1,887,349
Employer contribution per active participant$1,758
Average account balance$32,072
Benefits paid to participants$2,759,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 811 accts · $1.1M emplr
2023$21.8M · 828 accts · $918K emplr
2022$11.9M · 698 accts · $709K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,396
Investment management$84,772
Total administrative$163,168
The Pet Food Experts, Inc. 401(k) match · 2024
Employer contribution per active participant$1,758
Median for plans this size$2,416
2024$1,758 per active participant
2023$1,222 per active participant
2022$1,119 per active participant

Pet Food Experts, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
BPAS · Recordkeeping · Trustee$78,396
CAPITAL WEALTH MANAGEMENT, INC · Investment advisory (plan) · Investment management$84,772

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

Recordkeeper by year2
2024BPAS
2023BPAS

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

Administrative cost history3
2024$163,168 · 0.68%
2023$130,272 · 0.77%
2022$84,999 · 0.67%
Same employer
Similar plansWholesale Trade · Rhode Island
The Claflin Company RI$36.7M · 0.25%
Igus Bearings, Inc. RI$34.5M · 0.03%
Momentum Pictures LLC. RI$21.6M · 0.63%
Numark International, Inc RI$18.6M · 0.09%
Arnold Lumber Company, Inc. RI$15.0M · 0.36%
Uncas International, LLC RI$10.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050444999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.