Schmitt-Sussman Enterprises, Inc. dba Pfp Services401(k)
SCHMITT-SUSSMAN ENTERPRISES, INC. 401(K) PLAN · ORANGE, CT · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Schmitt-Sussman Enterprises, Inc. dba Pfp Services reported $123,316 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,176 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 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 511th-largest of 1,106 plans among Connecticut employers on file, and 2,833rd of 4,798 in finance & insurance. In 2024, employees put in $4.74 for every $1.00 the employer contributed; active participation has grown from 173 to 208 since 2022.
Schmitt-Sussman Enterprises, Inc. dba Pfp Services'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Schmitt-Sussman Enterprises, Inc. dba Pfp Services before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 060895325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.