Plan Ledger DOL Form 5500 · updated monthly

Premium Brands Services LLC401(k)

PREMIUM BRANDS SERVICES LLC 401(K) SAVINGS PLAN · MAHWAH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Premium Brands Services LLC reported $531,408 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $619 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 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 148th-largest of 2,419 plans among New Jersey employers on file, and the 138th of 5,215 in retail trade. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 6,964 to 11,631 since 2022.

Plan summary
Net assets, end of year$382,638,224
Participants with balances5,500
Active participants11,631
Employer contributions$7,195,354
Employee contributions$15,679,802
Employer contribution per active participant$619
Average account balance$69,571
Benefits paid to participants$38,108,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$382.6M · 5,500 accts · $7.2M emplr
2023$349.3M · 5,638 accts · $6.9M emplr
2022$310.9M · 5,291 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$372,142
Investment management$68,124
Audit (IQPA)$38,850
Total administrative$531,408
The Premium Brands Services LLC 401(k) match · 2024
Employer contribution per active participant$619
Median for plans this size$4,294
2024$619 per active participant
2023$594 per active participant
2022$969 per active participant

Premium Brands Services LLC's 2024 employer contribution ran below the $4,294 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 · 20247
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$70,000
DAVIS & GILBERT LLP · Contract administrator$50,652
COHNREZNICK LLP · Accounting / audit$38,850
EMPOWER ADVISORY GROUP, LLC · Investment management$18,057
QDRO CONSULTANTS · Consulting$1,000
PENSION BENEFIT INFORMATION LLC DBA · Investment advisory (plan)$640

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$531,408 · 0.15%
2023$254,821 · 0.08%
2022$317,715 · 0.09%
Similar plansRetail Trade · New Jersey
Kering Americas, Inc NJ$344.9M · 0.07%
Sparc Group LLC NJ$341.8M · 0.20%
Party City Holdings Inc. NJ$284.9M · 0.31%
Suburban Propane L.P. NJ$254.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300641353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.