Plan Snapshot
- Plan Sponsor: Petmed Express, INC.
- Sponsor EIN: 650680967
- Sponsor Address: 420 S. CONGRESS AVE, DELRAY BEACH, FL, 33445
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 144 | $8.9M | $310,553 | $606,675 |
| 2023 | 211 | $9.0M | $326,054 | $622,849 |
| 2022 | 175 | $6.9M | $277,588 | $550,022 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $50,066 | — | $50,066 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Recordkeeper | $23,105 | — | $23,105 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
- ADMIN. GROUP, LLC DBA TAG RESOURCES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,171
- Estimated Expense Ratio: 0.821% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $73,171 | — | $23,105 | — | — |
| 2023 | $69,489 | — | $22,711 | — | — |
| 2022 | $61,454 | — | $61,454 | — | — |