Employers › Pitney Bowes
Recordkeeping fees per participant · Pitney Bowes Inc. 401(k) Plan · plan year 2024
$37.55
Higher than 58% of the 790 plans over $1B that report it.
= $459,912 / 12,248
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010084645NAL0017446226001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010084645NAL0017446226001, received 2025-10-10
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 2025-10-10.
Administrative expenses excluding investment management, per participant
$101.53
Higher than 91% of the 1,045 plans over $1B that report it.
= $1,243,563 / 12,248
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010084645NAL0017446226001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010084645NAL0017446226001, received 2025-10-10
Administrative expenses per participant
$101.53
Higher than 71% of the 1,076 plans over $1B that report it.
= $1,243,563 / 12,248
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010084645NAL0017446226001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010084645NAL0017446226001, received 2025-10-10
Administrative expenses as a share of assets
0.072%
Higher than 73% of the 1,076 plans over $1B that report it.
= $1,243,563 / $1,737,241,018
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010084645NAL0017446226001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010084645NAL0017446226001, received 2025-10-10
Employer contributions per participant
$1,993
Higher than 17% of the 1,135 plans over $1B that report it.
= $24,406,085 / 12,248
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010084645NAL0017446226001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010084645NAL0017446226001, received 2025-10-10
Employer share of total contributions
32.3%
Higher than 46% of the 1,135 plans over $1B that report it.
= $24,406,085 / $75,548,844
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010084645NAL0017446226001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010084645NAL0017446226001, received 2025-10-10
Plan terms are described in Pitney Bowes Inc.'s SEC filings: Form 10-K filed 2026-02-19. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010084645NAL0017446226001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PITNEY BOWES INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Plan name | PITNEY BOWES INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Sponsor EIN / plan number | 06-0495050 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Sponsor location | STAMFORD, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Industry (business code) | 333900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Participants, beginning of year | 14,313 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Active participants | 5,862 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Participants, end of year | 12,907 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Participants with an account balance | 12,248 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total assets, beginning of year | $1,675,905,225 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total assets, end of year | $1,737,241,018 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Net assets, end of year | $1,737,070,741 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total income | $297,013,799 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Net income | $61,259,768 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Employer contributions | $24,406,085 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Participant contributions | $45,103,582 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $6,039,177 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total contributions | $75,548,844 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Benefit payments | $234,430,051 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $235,754,031 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Total administrative expenses | $1,243,563 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Recordkeeping fees | $459,912 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| IQPA audit fees | $23,300 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Administrative expenses excluding investment management | $1,243,563 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Held in common/collective trusts | $1,231,648,045 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Held in mutual funds | $443,493,079 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010084645NAL0017446226001, received 2025-10-10 |
| Independent auditor | BECHER, DELLA TORRE, GITTO & CO. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010084645NAL0017446226001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010084645NAL0017446226001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 33 Securities brokerage; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $459,912 | yes |
| NEPC, LLC | NONE | 16 Consulting (general); 50 Direct payment from the plan | $143,104 | no |
| BDG-CPAS | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $23,300 | no |
| CREATIVE PLANNING LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $16,130 | no |
| MORGAN, LEWIS & BOCKIUS LLP | NONE | 29 Legal; 50 Direct payment from the plan | $15,467 | no |
| DYNAMIC WEALTH ADVISORS | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $8,023 | no |
| NEWEDGE ADVISORS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $6,529 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 71 Securities brokerage commissions and fees | $5,343 | yes |
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 20251010084645NAL0017446226001, received 2025-10-10.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,675,905,225 | $1,737,241,018 | 3.7% |
| Participants with a balance | 13,482 | 12,248 | -9.2% |
| Administrative expenses | $1,276,454 | $1,243,563 | -2.6% |
| Recordkeeping fees per participant | $40.49 | $37.55 | -7.3% |
| Employer contributions | $27,851,735 | $24,406,085 | -12.4% |
Prior filing 20241011124637NAL0010924211001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: PITNEY BOWES INC.; SEC registrant: PITNEY BOWES INC /DE/ (CIK 78814, matched by EIN).