Plan Ledger DOL Form 5500 · updated monthly

Phillips Pet Food & Supplies, Inc.401(k)

PHILLIPS PET FOOD AND SUPPLIES 401(K) PLAN · EASTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Phillips Pet Food & Supplies, Inc. reported $102,379 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $591 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 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,034th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,926th of 13,661 in manufacturing. In 2024, employees put in $3.24 for every $1.00 the employer contributed; active participation has grown from 857 to 1,294 since 2022.

Plan summary
Net assets, end of year$36,406,558
Participants with balances555
Active participants1,294
Employer contributions$764,515
Employee contributions$2,475,499
Employer contribution per active participant$591
Average account balance$65,597
Benefits paid to participants$7,026,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 555 accts · $765K emplr
2023$35.8M · 602 accts · $846K emplr
2022$31.0M · 643 accts · $843K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,997
Investment management$41,382
Total administrative$102,379
The Phillips Pet Food & Supplies, Inc. 401(k) match · 2024
Employer contribution per active participant$591
Median for plans this size$2,416
2024$591 per active participant
2023$1,096 per active participant
2022$984 per active participant

Phillips Pet Food & Supplies, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,997
LPL FINANCIAL LLC · Investment advisory (plan)$27,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,382

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$102,379 · 0.28%
2023$96,701 · 0.29%
2022$100,352 · 0.30%
Same employer
Similar plansManufacturing · Pennsylvania
Sweet Street Desserts, Inc. PA$37.2M · 0.02%
Gelest, Inc. PA$37.1M · 0.51%
A & H Sportswear Co., Inc. PA$36.9M · 0.19%
Farmers Pride Inc. PA$35.9M · 0.37%
Bally Ribbon Mills PA$35.9M · 0.43%
Fs-Elliott Co., LLC PA$35.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230975205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.