Plan Ledger DOL Form 5500 · updated monthly

Bakkavor Foods USA, Inc.401(k)

BAKKAVOR FOODS USA, INC. 401(K) PLAN · CARSON, CA · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Bakkavor Foods USA, Inc. reported $155,678 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,361 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 1.01% to 1.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 4,226th-largest of 9,483 plans among California employers on file, and the 380th of 2,240 in accommodation & food services. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,017,945
Participants with balances817
Active participants835
Employer contributions$1,136,209
Employee contributions$1,592,140
Employer contribution per active participant$1,361
Average account balance$19,606
Benefits paid to participants$1,475,985
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 817 accts · $1.1M emplr
2023$12.8M · 782 accts · $1.1M emplr
2022$9.9M · 728 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,678
Total administrative$155,678
The Bakkavor Foods USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,361
Median for plans this size$2,416
2024$1,361 per active participant
2023$1,400 per active participant
2022$1,210 per active participant

Bakkavor Foods USA, 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$40,985
EMPOWER ADVISORY GROUP, LLC · Investment management$7,396
FUTUREPLAN BY ASCENSUS-KRAVITZ · Contract administratorindirect comp

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$155,678 · 1.08%
2023$81,135 · 0.71%
2022$104,057 · 1.01%
Same employer
Similar plansAccommodation & Food Services · California
Quechan Indian Tribe CA$16.4M · 0.90%
Alisal Properties, Inc. CA$16.3M · 0.56%
Lawry's Restaurant, Inc. CA$15.5M · 0.50%
Ssd Management II LLC CA$15.5M · 0.35%
Islands Restaurants, LLC CA$15.3M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330449057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.