Plan Ledger DOL Form 5500 · updated monthly

Pet Supermarket, Inc.401(k)

PET SUPERMARKET 401(K) PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Pet Supermarket, Inc. reported $183,291 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $449 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 0.22% to 0.79%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 969th-largest of 3,644 plans among Florida employers on file, and the 1,225th of 5,215 in retail trade. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,331,535
Participants with balances1,569
Active participants2,160
Employer contributions$968,945
Employee contributions$1,602,080
Employer contribution per active participant$449
Average account balance$15,508
Benefits paid to participants$3,809,497
Plan auditUnmodified (clean) audit opinion
AuditorMORISON COGEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 1,569 accts · $969K emplr
2023$22.1M · 1,760 accts · $1.1M emplr
2022$19.3M · 2,080 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,373
Investment management$3,957
Total administrative$183,291
The Pet Supermarket, Inc. 401(k) match · 2024
Employer contribution per active participant$449
Median for plans this size$2,416
2024$449 per active participant
2023$728 per active participant
2022$556 per active participant

Pet Supermarket, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$139,373
CREATIVE PLANNING HOLD CO, LLC · Investment advisory (plan)$39,961

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$183,291 · 0.79%
2023$192,489 · 0.93%
2022$45,632 · 0.22%
Same employer
Similar plansRetail Trade · Florida
The Collection, LLC FL$27.9M · 0.08%
Pmc, LLC FL$27.3M · 0.54%
Memorial Motors, Inc. FL$25.1M · 0.77%
Zumba Fitness, LLC FL$23.7M · 0.22%
Blue Compass Rv, LLC FL$23.4M · 0.52%
Earl W. Colvard, Inc. FL$23.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592664699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.