Plan Ledger DOL Form 5500 · updated monthly

Beech-Nut Nutrition Company401(k)

BEECH-NUT NUTRITION COMPANY EMPLOYEE'S SAVINGS PLAN · AMSTERDAM, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Beech-Nut Nutrition Company reported $16,964 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,223 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 fell from 0.07% to 0.06%. 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 1,985th-largest of 5,648 plans among New York employers on file, and the 4,555th of 13,661 in manufacturing. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 287 to 361 since 2022.

Plan summary
Net assets, end of year$29,355,060
Participants with balances292
Active participants361
Employer contributions$441,482
Employee contributions$1,456,206
Employer contribution per active participant$1,223
Average account balance$100,531
Benefits paid to participants$2,191,213
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 292 accts · $441K emplr
2023$25.8M · 283 accts · $450K emplr
2022$24.8M · 280 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,844
Investment management$14,120
Total administrative$16,964
The Beech-Nut Nutrition Company 401(k) match · 2024
Employer contribution per active participant$1,223
Median for plans this size$2,416
2024$1,223 per active participant
2023$1,542 per active participant
2022$1,436 per active participant

Beech-Nut Nutrition Company's 2024 employer contribution ran below the $2,416 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,120
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,044

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$16,964 · 0.06%
2023$21,403 · 0.08%
2022$19,182 · 0.07%
Same employer
Similar plansManufacturing · New York
Titanx Engine Cooling, Inc NY$30.5M · 0.11%
Monaghan Medical Corp. NY$29.9M · 0.21%
Wac Lighting NY$29.6M · 0.43%
Pubworx Services LLC NY$29.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260415662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.