401k Record

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PBF Finance 401(k)

Administrative expenses excluding investment management, per participant · PBF Energy Retirement Savings Plan · plan year 2024

$76.67

Higher than 83% of the 1,045 plans over $1B that report it.

Source

= $366,170 / 4,776
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250707121100NAL0001591619001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707121100NAL0001591619001, received 2025-07-07

10th: $9.43median $44.4790th: $97.55

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-07.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$76.67

10th: $24.33median $70.0390th: $174.36

Higher than 56% of the 1,076 plans over $1B that report it.

Source

= $366,170 / 4,776
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707121100NAL0001591619001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707121100NAL0001591619001, received 2025-07-07

Administrative expenses as a share of assets

0.036%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 38% of the 1,076 plans over $1B that report it.

Source

= $366,170 / $1,007,962,866
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707121100NAL0001591619001, received 2025-07-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250707121100NAL0001591619001, received 2025-07-07

Employer contributions per participant

$8,411

10th: $1,442median $3,74490th: $8,760

Higher than 89% of the 1,135 plans over $1B that report it.

Source

= $40,171,818 / 4,776
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707121100NAL0001591619001, received 2025-07-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707121100NAL0001591619001, received 2025-07-07

Employer share of total contributions

36.5%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 63% of the 1,135 plans over $1B that report it.

Source

= $40,171,818 / $110,181,179
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707121100NAL0001591619001, received 2025-07-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250707121100NAL0001591619001, received 2025-07-07

Plan terms, as stated in PBF Finance Corporation's SEC filings

Employer match

“The Company matches participants’ contributions at the rate of 200 percent of the first 3 percent of each participant’s total basic contribution based on the participant’s total annual salary.”

Form 10-K filed 2026-02-23, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250707121100NAL0001591619001, received 2025-07-07

Full record, PBF Energy Retirement Savings Plan

FieldValueSource
Plan sponsorPBF HOLDING COMPANY LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250707121100NAL0001591619001, received 2025-07-07
Plan namePBF ENERGY RETIREMENT SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250707121100NAL0001591619001, received 2025-07-07
Sponsor EIN / plan number27-2198168 / 002Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250707121100NAL0001591619001, received 2025-07-07
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250707121100NAL0001591619001, received 2025-07-07
Sponsor locationPARSIPPANY, NJForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250707121100NAL0001591619001, received 2025-07-07
Industry (business code)523900, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250707121100NAL0001591619001, received 2025-07-07
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250707121100NAL0001591619001, received 2025-07-07
Filing received2025-07-07Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250707121100NAL0001591619001, received 2025-07-07
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250707121100NAL0001591619001, received 2025-07-07
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250707121100NAL0001591619001, received 2025-07-07
Participants, beginning of year4,838Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250707121100NAL0001591619001, received 2025-07-07
Active participants3,863Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250707121100NAL0001591619001, received 2025-07-07
Participants, end of year4,842Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250707121100NAL0001591619001, received 2025-07-07
Participants with an account balance4,776Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250707121100NAL0001591619001, received 2025-07-07
Total assets, beginning of year$853,796,321Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250707121100NAL0001591619001, received 2025-07-07
Total assets, end of year$1,007,962,866Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250707121100NAL0001591619001, received 2025-07-07
Net assets, end of year$1,007,962,866Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250707121100NAL0001591619001, received 2025-07-07
Total income$220,541,683Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250707121100NAL0001591619001, received 2025-07-07
Net income$154,166,545Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250707121100NAL0001591619001, received 2025-07-07
Employer contributions$40,171,818Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250707121100NAL0001591619001, received 2025-07-07
Participant contributions$64,110,019Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250707121100NAL0001591619001, received 2025-07-07
Other contributions (incl. rollovers)$5,899,342Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250707121100NAL0001591619001, received 2025-07-07
Total contributions$110,181,179Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250707121100NAL0001591619001, received 2025-07-07
Benefit payments$66,000,474Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250707121100NAL0001591619001, received 2025-07-07
Total expenses (incl. benefit payments)$66,375,138Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250707121100NAL0001591619001, received 2025-07-07
Total administrative expenses$366,170Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250707121100NAL0001591619001, received 2025-07-07
Administrative expenses excluding investment management$366,170derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250707121100NAL0001591619001, received 2025-07-07
Held in common/collective trusts$466,962,956Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250707121100NAL0001591619001, received 2025-07-07
Held in mutual funds$504,778,757Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250707121100NAL0001591619001, received 2025-07-07
Independent auditorROSENBERG RICH BAKER BERMAN, P.A.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250707121100NAL0001591619001, received 2025-07-07

Position = column in the DOL layout for form year 2024. Filing 20250707121100NAL0001591619001, received 2025-07-07.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
VANGUARD ADVISERS INC.NONE 26 Investment advisory (participants) $201,140yes
THE VANGUARD GROUP, INC.recordkeeperNONE 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 38 Participant communication; 51 Investment management fees paid directly by plan; 52 Investment management fees paid indirectly by plan; 99 Other fees $192,571yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250707121100NAL0001591619001, received 2025-07-07.

What changed since the 2023 plan year

Figure20232024Change
Total assets$853,796,321$1,007,962,86618.1%
Participants with a balance4,7804,776-0.1%
Administrative expenses$202,684$366,17080.7%
Recordkeeping fees per participantnot reportednot reported
Employer contributions$38,030,766$40,171,8185.6%

Prior filing 20240708161840NAL0007417667001, received 2024-07-08; the plan years are contiguous.

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Sponsor name as filed: PBF HOLDING COMPANY LLC; SEC registrant: PBF Holding Co LLC (CIK 1566011, matched by EIN; display name from the Form 10-K cover).