Plan Ledger DOL Form 5500 · updated monthly

The Price Organization401(k)

THE PRICE ORGANIZATION 401(K) RETIREMENT PLAN · NEWARK, DE · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

The Price Organization reported $66,048 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.77% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Delaware (136th of 242), and the 2,319th of 5,215 in retail trade.

Plan summary
Net assets, end of year$11,687,438
Participants with balances348
Active participants344
Employer contributions$0
Employee contributions$1,460,947
Employer contribution per active participant$0
Average account balance$33,585
Benefits paid to participants$439,368
Plan auditUnmodified (clean) audit opinion
AuditorFAW CASSON & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 348 accts
2023$9.6M · 315 accts
2022$9.4M · 334 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,501
Investment management$57,547
Total administrative$66,048
The The Price Organization 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

The Price Organization'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 · 20245
VEERY CAPITAL · Investment advisory (plan)$36,420
EMPOWER ADVISORY GROUP, LLC · Investment management$21,127
360 PAYROLL INTEGRATION CORP$2,700
ERISA FIDUCIARY SERVICES INC$300

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$66,048 · 0.62%
2023$60,433 · 0.63%
2022$80,800 · 0.77%
Same employer
Similar plansRetail Trade · Delaware
William H. Porter, Inc. DE$15.4M · 0.43%
Delaware Motor Sales, Inc DE$12.1M · 0.68%
Hynansky Investments, LLC DE$10.8M · 0.66%
Off Lease Only LLC DE$8.6M · 1.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510294525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.