Plan Ledger DOL Form 5500 · updated monthly

Allen Flavors, Inc.401(k)

ALLEN FLAVORS, INC. 401(K) PROFIT SHARING PLAN · SOUTH PLAINFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Allen Flavors, Inc. reported $87,750 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,487 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 fell from 0.62% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,025th-largest of 2,419 plans among New Jersey employers on file, and the 5,624th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 182 to 230 since 2022.

Plan summary
Net assets, end of year$21,711,808
Participants with balances329
Active participants230
Employer contributions$571,923
Employee contributions$1,370,701
Employer contribution per active participant$2,487
Average account balance$65,993
Benefits paid to participants$492,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 329 accts · $572K emplr
2023$17.5M · 265 accts · $765K emplr
2022$13.8M · 240 accts · $480K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,068
Investment management$57,682
Total administrative$87,750
The Allen Flavors, Inc. 401(k) match · 2024
Employer contribution per active participant$2,487
Median for plans this size$2,416
2024$2,487 per active participant
2023$3,558 per active participant
2022$2,639 per active participant

Allen Flavors, Inc.'s 2024 employer contribution ran above 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 · 20242
CFS INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$57,682
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,068

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

Administrative cost history3
2024$87,750 · 0.45%
2023$93,262 · 0.60%
2022$89,099 · 0.62%
Same employer
Similar plansManufacturing · New Jersey
Ware Industries, Inc. NJ$22.9M · 0.34%
Chemglass, Inc NJ$21.9M · 0.44%
Rotor Clip Company, Inc. NJ$21.8M · 0.04%
I.D. Systems, Inc. NJ$21.6M · 0.40%
Shamrock Technologies, Inc. NJ$21.2M · 0.21%
Arla Foods, Inc. NJ$21.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223130173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.