Plan Ledger DOL Form 5500 · updated monthly

Weis Markets, Inc.401(k)

WEIS MARKETS, INC. RETIREMENT SAVINGS PLAN · SUNBURY, PA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Weis Markets, Inc. reported $2,004,373 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $284 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 0.67% to 0.70%. 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 211th-largest of 3,651 plans among Pennsylvania employers on file, and the 161st of 5,215 in retail trade. In 2024, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$303,952,900
Participants with balances11,695
Active participants21,014
Employer contributions$5,965,960
Employee contributions$19,030,328
Employer contribution per active participant$284
Average account balance$25,990
Benefits paid to participants$23,924,305
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$304.0M · 11,695 accts · $6.0M emplr
2023$269.1M · 11,565 accts · $5.9M emplr
2022$226.9M · 11,118 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$977,053
Investment management$1,027,320
Total administrative$2,004,373
The Weis Markets, Inc. 401(k) match · 2024
Employer contribution per active participant$284
Median for plans this size$4,294
2024$284 per active participant
2023$264 per active participant
2022$271 per active participant

Weis Markets, Inc.'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 · 20244
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing · Other services$798,052
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$124,143
CAPFINANCIAL PARTNERS LLC$115,200
RKL, LLP · Accounting / audit$20,800

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$2,004,373 · 0.70%
2023$1,730,242 · 0.70%
2022$1,648,739 · 0.67%
Same employer
Similar plansRetail Trade · Pennsylvania
Sheetz, Inc PA$778.4M · 0.14%
Amerigas Propane, Inc. PA$530.0M · 0.10%
Urban Outfitters, Inc. PA$513.3M · 0.12%
Thrifty Payless Inc. PA$266.9M · 0.05%
Clark Core Services, LLC PA$258.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240755415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.