Plan Ledger DOL Form 5500 · updated monthly

Wellness Pet Company401(k)

THE WELLNESS PET COMPANY EMPLOYEE 401(K) PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Wellness Pet Company reported $52,651 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,792 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 0.18% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 912th-largest of 2,726 plans among Massachusetts employers on file, and the 4,058th of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has shrunk from 400 to 349 since 2022.

Plan summary
Net assets, end of year$34,528,570
Participants with balances513
Active participants349
Employer contributions$974,527
Employee contributions$3,045,859
Employer contribution per active participant$2,792
Average account balance$67,307
Benefits paid to participants$7,536,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 513 accts · $975K emplr
2023$32.7M · 519 accts · $968K emplr
2022$24.7M · 469 accts · $777K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,658
Investment management$29,993
Total administrative$52,651
The Wellness Pet Company 401(k) match · 2024
Employer contribution per active participant$2,792
Median for plans this size$2,416
2024$2,792 per active participant
2023$2,268 per active participant
2022$1,943 per active participant

Wellness Pet Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,658
MFA ASST MANAGEMENT LLC · Investment advisory (plan)$14,999
BAKER TILLY WEALTH MANAGEMENT LLC · Investment advisory (plan)$14,994

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$52,651 · 0.16%
2023$56,472 · 0.20%
2022$48,434 · 0.18%
Same employer
Similar plansManufacturing · Massachusetts
Corza Medical Inc. MA$36.3M · 0.27%
Home Market Foods, Inc. MA$36.0M · 0.14%
Epic Enterprises, Inc. MA$35.7M · 0.26%
Morphosys US Inc. MA$34.2M · 0.10%
Medica Corporation MA$33.6M · 0.09%
Wood Fiber Holdings, Inc. MA$33.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800298170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.