Plan Ledger DOL Form 5500 · updated monthly

Publishers Clearing House LLC401(k)

PUBLISHERS CLEARING HOUSE 401(K) RETIREMENT SAVINGS PLAN · JERICHO, NY · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Publishers Clearing House LLC reported $36,837 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,546 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 0.029% to 0.030%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 478th-largest of 5,648 plans among New York employers on file, and the 219th of 5,215 in retail trade. In 2023, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 466 to 395 since 2022.

Plan summary
Net assets, end of year$195,240,888
Participants with balances793
Active participants395
Employer contributions$2,190,737
Employee contributions$4,272,232
Employer contribution per active participant$5,546
Average account balance$246,205
Benefits paid to participants$18,445,508
Plan auditUnmodified (clean) audit opinion
AuditorEICHEN & DIMEGLIO, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$189.4M · 690 accts · $1.7M emplr
2023$195.2M · 793 accts · $2.2M emplr
2022$174.1M · 843 accts · $2.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,194
Investment management$643
Total administrative$36,837
The Publishers Clearing House LLC 401(k) match · 2023
Employer contribution per active participant$5,546
Median for plans this size$3,659
2024$8,146 per active participant
2023$5,546 per active participant
2022$5,124 per active participant

Publishers Clearing House LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$36,194

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$58,085 · 0.03%
2023$36,837 · 0.02%
2022$57,235 · 0.03%
Same employer
Similar plansRetail Trade · New York
Mavis Tire Supply LLC NY$202.0M · 0.44%
Hermes of Paris, Inc. NY$178.4M · 0.11%
West Herr Ford, Inc. NY$176.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111730276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.