Plan Ledger DOL Form 5500 · updated monthly

Afs Holdings, Inc401(k)

ASSOCIATED FOOD STORES, INC. 401(K) PLAN AND TRUST · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Afs Holdings, Inc reported $644,187 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,711 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 0.14% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 36th-largest of 848 plans among Utah employers on file, and the 237th of 4,246 in wholesale trade. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$208,308,058
Participants with balances3,132
Active participants2,806
Employer contributions$4,800,499
Employee contributions$9,266,680
Employer contribution per active participant$1,711
Average account balance$66,510
Benefits paid to participants$23,402,588
Plan auditUnmodified (clean) audit opinion
AuditorCARVER, FLOREK & JAMES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$208.3M · 3,132 accts · $4.8M emplr
2023$165.6M · 2,178 accts · $3.7M emplr
2022$147.7M · 2,132 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Investment management$157,588
Audit (IQPA)$31,680
Total administrative$644,187
The Afs Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$1,711
Median for plans this size$3,635
2024$1,711 per active participant
2023$1,268 per active participant
2022$1,278 per active participant

Afs Holdings, Inc's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$66,539
DWC - THE 401(K) EXPERTS · Recordkeeping · Loan processing$12,329
ERP SOUTHWEST DBA ERP RETIREMENT · Recordkeeping · Loan processing$850
SOLTIS INVESTMENT ADVISORS · Investment advisory (plan)$57,397
CARVER FLOREK & JAMES CPAS LLC · Accounting / audit$19,091

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

Recordkeeper by year2
2024DWC - THE 401(K) EXPERTS, ERP SOUTHWEST DBA ERP RETIREMENT, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Afs Holdings, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$644,187 · 0.34%
2023$456,170 · 0.29%
2022$229,379 · 0.14%
Same employer
Similar plansWholesale Trade · Utah
Fj Management Inc. UT$278.6M · 0.37%
Nu Skin Enterprises, Inc. UT$237.2M · 0.10%
Ifit Inc. UT$76.6M · 0.30%
Browning UT$48.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 816012613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.