Plan Ledger DOL Form 5500 · updated monthly

Affiliated Foods, Inc.401(k)

AFFILIATED FOODS, INC. PROFIT SHARING PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Affiliated Foods, Inc. reported $240,422 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,903 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 rose from 0.39% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,051st-largest of 5,688 plans among Texas employers on file, and the 818th of 4,246 in wholesale trade. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,382,340
Participants with balances1,287
Active participants928
Employer contributions$1,765,642
Employee contributions$2,294,786
Employer contribution per active participant$1,903
Average account balance$39,147
Benefits paid to participants$3,840,702
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$50.4M · 1,287 accts · $1.8M emplr
2023$44.8M · 1,147 accts · $1.6M emplr
2022$41.7M · 1,063 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$240,422
Total administrative$240,422
The Affiliated Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,903
Median for plans this size$2,416
2024$1,903 per active participant
2023$1,798 per active participant
2022$1,812 per active participant

Affiliated Foods, Inc.'s 2024 employer contribution ran below 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$21,963

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$240,422 · 0.51%
2023$213,498 · 0.49%
2022$178,767 · 0.39%
Same employer
Similar plansWholesale Trade · Texas
Refined Technologies, Inc. TX$53.9M · 0.26%
Tauber Oil Company TX$52.5M · 0.05%
Continental Battery Company TX$51.7M · 0.25%
The Hunton Group TX$49.6M · 0.18%
Ia American Warranty, LP TX$49.2M · 0.52%
Ccs Medical TX$46.5M · 0.31%
Eoc Holdings. LLC TX$45.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751286922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.