Plan Ledger DOL Form 5500 · updated monthly

Pim Brands, Inc.401(k)

PIM BRANDS, INC. 401(K) PLAN · PARK RIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Pim Brands, Inc. reported $88,651 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,626 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 0.27% to 0.24%. 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 682nd-largest of 2,419 plans among New Jersey employers on file, and the 1,054th of 4,246 in wholesale trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,179,766
Participants with balances643
Active participants474
Employer contributions$1,718,890
Employee contributions$3,647,002
Employer contribution per active participant$3,626
Average account balance$60,933
Benefits paid to participants$5,239,160
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 643 accts · $1.7M emplr
2023$34.1M · 785 accts · $1.6M emplr
2022$25.8M · 706 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,104
Investment management$50,547
Total administrative$88,651
The Pim Brands, Inc. 401(k) match · 2024
Employer contribution per active participant$3,626
Median for plans this size$2,416
2024$3,626 per active participant
2023$3,272 per active participant
2022$2,975 per active participant

Pim Brands, Inc.'s 2024 employer contribution ran above 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 · 20243
J P MORGAN BROKER-DEALER HOLDINGS I · Investment advisory (plan)$35,383
EMPOWER ADVISORY GROUP, LLC · Investment management$15,163

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$88,651 · 0.24%
2023$62,219 · 0.21%
2022$73,580 · 0.27%
Same employer
Similar plansWholesale Trade · New Jersey
Arena 3D Holdings NJ$40.9M · 0.05%
Peerless Beverage Co. NJ$40.9M · 0.20%
Interpace Biosciences NJ$40.2M · 0.01%
Mjh Shared Services, LLC NJ$40.1M · 0.37%
Kramer Beverage Co., LLC NJ$39.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222721832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.