Plan Snapshot
- Plan Sponsor: Premium Brands Services LLC
- Sponsor EIN: 300641353
- Sponsor Address: 933 MACARTHUR BOULEVARD, MAHWAH, NJ, 07430
- Plan Type: 401(k)
- Total Participants: 11,631
- Total Assets: $382.6M
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 | 11,631 | $382.6M | $7.2M | $15.7M |
| 2023 | 11,592 | $349.3M | $6.9M | $15.3M |
| 2022 | 6,964 | $310.9M | $6.8M | $13.6M |
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 |
|---|---|---|---|---|
| COHN REZNICK, LLP | Auditor | $38,850 | — | $38,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,850
- Estimated Expense Ratio: 0.010% 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 | $531,408 | $68,124 | — | $38,850 | — |
| 2023 | $254,821 | $75,142 | — | $37,800 | — |
| 2022 | $317,715 | $37,180 | $171,885 | — | $30,420 |