Plan Ledger DOL Form 5500 · updated monthly

Allen Harim Foods, LLC401(k)

THE ALLEN HARIM GROUP 401(K) PLAN · MILLSBORO, DE · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Allen Harim Foods, LLC reported $9,673 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $463 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 0.12% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 104th-largest of 242 plans among Delaware employers on file, and the 275th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,069,233
Participants with balances659
Active participants1,221
Employer contributions$565,381
Employee contributions$1,004,041
Employer contribution per active participant$463
Average account balance$27,419
Benefits paid to participants$2,451,047
Plan auditUnmodified (clean) audit opinion
AuditorFAW, CASSON & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 433 accts · $545K emplr
2023$18.1M · 659 accts · $565K emplr
2022$16.7M · 668 accts · $556K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,673
Total administrative$9,673
The Allen Harim Foods, LLC 401(k) match · 2023
Employer contribution per active participant$463
Median for plans this size$2,440
2024$432 per active participant
2023$463 per active participant
2022$493 per active participant

Allen Harim Foods, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$9,673

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$38,714 · 0.22%
2023$9,673 · 0.06%
2022$22,465 · 0.12%
Same employer
Similar plansAgriculture, Forestry & Fishing · Delaware
Lynch Livestock IA$18.2M · 0.49%
Kaolin Mushroom Farms, Inc. PA$18.2M · 0.65%
Cendak Cooperative ND$18.1M · 0.36%
Akoya Biosciences, Inc MA$18.0M · 0.02%
Alico, Inc. FL$17.9M · 0.38%
Aceto US, LLC NY$17.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453024902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.