Bot of Food Employers and Teamsters Local 463 Retirement Savings Plan401(k)

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

Bot of Food Employers and Teamsters Local 463 Retirement Savings Plan reported $71,823 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,647 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 879th-largest of 2,419 plans among New Jersey employers on file, and the 4,814th of 13,661 in manufacturing. In 2024, the employer put in $10.01 for every $1.00 employees contributed themselves; active participation has grown from 345 to 452 since 2022.