Plan Ledger DOL Form 5500 · updated monthly

Avi Foodsystems Inc401(k)

AVI FOODSYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN · WARREN, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Avi Foodsystems Inc reported $251,124 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $354 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 377th-largest of 3,295 plans among Ohio employers on file, and the 85th of 2,240 in accommodation & food services. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,799,155
Participants with balances1,876
Active participants4,271
Employer contributions$1,513,272
Employee contributions$5,655,629
Employer contribution per active participant$354
Average account balance$52,132
Benefits paid to participants$11,046,310
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$97.8M · 1,876 accts · $1.5M emplr
2023$89.7M · 1,855 accts · $1.4M emplr
2022$81.2M · 1,916 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$218,373
Investment management$32,751
Total administrative$251,124
The Avi Foodsystems Inc 401(k) match · 2024
Employer contribution per active participant$354
Median for plans this size$3,635
2024$354 per active participant
2023$396 per active participant
2022$349 per active participant

Avi Foodsystems 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$218,372
USI ADVISORS, INC. · Investment advisory (plan)$32,751

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$251,124 · 0.27%
2023$230,860 · 0.27%
2022$240,295 · 0.26%
All plans at this employer2
AVI FOODSYSTEMS, INC. 401(K) PLAN A401(k)
AVI FOODSYSTEMS, INC. 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansAccommodation & Food Services · Ohio
The Wendy's Company OH$294.0M · 0.13%
White Castle System, Inc. OH$176.5M · 0.07%
Flynn Restaurant Group LP OH$118.5M · 0.35%
Bob Evans Restaurants, LLC OH$102.7M · 0.26%
Covelli Enterprises, Inc. OH$56.4M · 0.55%
Hrm Enterprises, Inc. OH$22.1M · 0.43%
Frisch's Restaurants, Inc. OH$21.0M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340939177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.