Plan Ledger DOL Form 5500 · updated monthly

Arla Foods, Inc.401(k)

ARLA FOODS, INC 401(K) PLAN · BASKING RIDGE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Arla Foods, Inc. reported $49,554 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,025 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 0.22% to 0.24%. 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 1,042nd-largest of 2,419 plans among New Jersey employers on file, and the 5,711th of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has grown from 270 to 323 since 2022.

Plan summary
Net assets, end of year$21,216,874
Participants with balances421
Active participants323
Employer contributions$653,929
Employee contributions$1,756,709
Employer contribution per active participant$2,025
Average account balance$50,396
Benefits paid to participants$4,174,681
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 421 accts · $654K emplr
2023$20.2M · 397 accts · $614K emplr
2022$16.5M · 350 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,254
Audit (IQPA)$9,300
Total administrative$49,554
The Arla Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$2,025
Median for plans this size$2,416
2024$2,025 per active participant
2023$1,968 per active participant
2022$1,940 per active participant

Arla 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 · 20242
ASCENSUS LLC · Recordkeeping$40,254
HAWKINS ASH CPAS · Accounting / audit$9,300

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$49,554 · 0.24%
2023$46,152 · 0.25%
2022$40,962 · 0.22%
Similar plansManufacturing · New Jersey
Allen Flavors, Inc. NJ$21.7M · 0.45%
I.D. Systems, Inc. NJ$21.6M · 0.40%
Shamrock Technologies, Inc. NJ$21.2M · 0.21%
Metal Textiles Corporation NJ$21.1M · 0.01%
Pamarco Technologies, LLC NJ$20.7M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221908494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.